odomwyatt66 odomwyatt66

24-04-2022
Business

contestada

If required reserve ratio is 10 percent what is the monetary multiplier

Respuesta :

ingramjazmine9 ingramjazmine9

24-04-2022

Answer:

10

Explanation:

If the reserve requirement is 10%, then the money supply reserve multiplier is 10 and the money supply should be 10 times reserves. When a reserve requirement is 10%, this also means that a bank can lend 90% of its deposits.

Answer Link

Otras preguntas

How to define key terms in a research paper?

When testing a laptop power connector, how close should the voltage measured be to the accepted voltage of the laptop?

what is the exact solutions of x2=5x+2

The number of protons in the nucleus of an atom determines the species of the atom, i.e., the element to which the atom belongs. an atom has the same number of

HELP!!!! I WILL RATE BRAINLIEST!!!! I need help with question 2 I have already figured out number 1

Robert's mother is usually meticulous in her presentation. when picking her up for a family dinner, he noticed that her makeup was only applied to the right sid

classify the following triangle check all that apply

The vertex of the functions graph is given. Find c. y=2x^2-6x+c;(3/2, 0.5)

rationalize the denominator. write it in simplest terms 3------√12x

PLEASE HELP!!!!!!!!!!!