Mathematics, 30.11.2020 01:00, BigGirlsTheBest
If the reserve requirement is 20%, and total deposits are $1,500,000.00, how much must a bank maintain in
reserves?
a. What is the money multiplier?
b. How large is the money supply created from these deposits?
Answers: 3
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If the reserve requirement is 20%, and total deposits are $1,500,000.00, how much must a bank mainta...
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