Biology

Biology, 23.06.2019 22:30, joesalem215

If the federal reserve decreases the reserve rate from 10% to 8%, how does this affect the amount of money that would result because of fractional-reserve banking from an initial deposit into a bank of $40,000? a. it increases the amount by $400,000. b. it decreases the amount by $400,000. c. it decreases the amount by $100,000. d. it increases the amount by $100,000.

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