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andrey2020 [161]
4 years ago
8

If the Federal Reserve decreases the reserve rate from 6% to 4%, how does this affect the amount of money that would result beca

use of fractional-reserve banking from an initial deposit into a bank of $15,000?
A. It increases the amount by $125,000.
B. It decreases the amount by $250,000.
C. It increases the amount by $250,000.
D. It decreases the amount by $125,000.
Mathematics
1 answer:
melisa1 [442]4 years ago
7 0

Answer:

A. It increases the amount by 125,000. (Apex)

Step-by-step explanation:

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