1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Travka [436]
2 years ago
11

Reagan deposited $1,000 into Regions Bank. If the Reserve Requirement is 10%, how much “new” money has been created due to Reaga

n’s deposit?
Government please help me
German
1 answer:
Strike441 [17]2 years ago
8 0

According to the information, it can be inferred that the new money created is equivalent to $9,000.

<h3>How to calculate the money that has been created during Reagan's deposit?</h3>

To calculate the new money that has been created during the Reagan deposit we must perform the following mathematical procedure:

We multiply the deposit amount by 0.1

  • 1,000 × 0.1 = 100

We subtract the result from the amount of money on the deposit.

  • 1,000 - 100 = 900

We calculate the money multiplier.

  • 1 ÷ 0.1 = 10

Finally, we multiply the money value by the multiplier value.

  • 900 × 10 = 9,000

Based on the above, $9,000 is to be created with Reagan's deposit.

Learn more about bank deposit in: brainly.com/question/2507231

#SPJ1

You might be interested in
What do you think might happen as the US continues to expand into new territories!
Art [367]

Answer:

It would get more people migrating to it?

Explanation:

8 0
3 years ago
<img src="https://tex.z-dn.net/?f=1%20%5Csqrt%7Bx%7D%201%20%5Cfrac%7Bx%7D%7By%7D%20" id="TexFormula1" title="1 \sqrt{x} 1 \frac{
rusak2 [61]
I'm not quite sure what you are asking
4 0
3 years ago
100 POINTS HELP!!
timurjin [86]

Answer:original

Explanation:

3 0
3 years ago
Was für narrative Struktur (episodische Handlung, parallelen Handlung etc.) hat der Autor verwenden, um die Geschichte der Junge
sattari [20]
Я думаю, что он использовал действие
4 0
3 years ago
The same day dear all friends and share​
Vesnalui [34]
I’m sorry, is there more to your question?
3 0
3 years ago
Read 2 more answers
Other questions:
  • What is the difference between “ist” and “bist” in German. I am a beginner.
    13·1 answer
  • Berlin was a key strategic city during the Cold War because
    8·2 answers
  • Is the fair belong to nouns?
    5·2 answers
  • What is the difference between Nom, Akk, and Dativ cases? How can you identify the case? Please give examples!
    6·1 answer
  • Listen to the following dialogue carefully. Then answer the following question.
    9·1 answer
  • E nearest ten<br>: 14947<br>​
    7·2 answers
  • If anyone can help me please I need to graduate
    8·1 answer
  • Take poumntstrsuyttttttttttttttttt
    12·1 answer
  • PLEASE DO, WILL MARK BRAINLIEST
    11·2 answers
  • Can anybody answer these questions pls?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!