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kati45 [8]
3 years ago
7

If the simple money multiplier is 10 what is the reserve ratio

Social Studies
1 answer:
trasher [3.6K]3 years ago
7 0

Answer:

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.

Explanation:

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<span>There are many, reasons why there are still problems 15 years after Apartheid. You have to keep in mind that there was a lot of damage done during the 40 years of apartheid, because of the separate development of black communities and white communities. But the country shows signs of improvement. Crime is one of our main concerns and especially aggravated crime. Although it does not affect tourists as much. The biggest reasons that there are still problems, is problems that are true for all African countries, and that is corrupt leaders that can't keep their hands out of the cookie jar (meaning that they only making themselves rich from taxpayers money, instead of delivering services). The other reason is the communist mentality of a lot of leaders. There are not enough taxpayers to cater for all the unemployed people. But like I said, there are many, many reasons</span>

<span>For the third ones.</span>

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<span>The legacy of racism in the US has a lot of similarities, but also a lot of differences. Remember that in South Africa, it was a minority government that used violence, intimidation to suppress a majority. It was also during the Cold War, and the South African government was against the communist policies of the black politicians. </span>
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3 years ago
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