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3 years ago

Let r= .12 be the reserve rate. What is the money multiplier?

Mathematics

2 answers:

Rainbow [258]3 years ago

8 0

Answer: 8.33

Step-by-step explanation:

We know that the money multiplier represents the maximum amount the supply of money increase on the bases of an increase in reserves within the banking system.

The formula to calculate the money multiplier is given by :-

$\text{Money Multiplier}=\dfrac{1}{r}$ , where r is the reserve rate

We are given that the reserve rate 'r'= 0.12

Then, the money multiplier will be given by :-

$\text{Money Multiplier}=\dfrac{1}{0.12}\\\\\Rightarrow\ \text{Money Multiplier}=8.3333333\approx8.33$

ZanzabumX [31]3 years ago

5 0

The money multiplier is 1/ 0.12

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Using the asymptote concept, we have that:

The vertical asymptote is x = 9.

The horizontal asymptote is y = 3.

The end behavior is that as $x \rightarrow \infty, y \rightarrow 3$ .

<h3>What are the asymptotes of a function f(x)?</h3>

The vertical asymptotes are the values of x which are outside the domain, which in a fraction are the zeroes of the denominator.

The horizontal asymptote is the value of f(x) as x goes to infinity, as long as this value is different of infinity.

In this problem, the function is:

$f(x) = \frac{3x}{x - 9}$

For the vertical asymptote, we have that:

x - 9 = 0 -> x = 9.

For the horizontal asymptote:

$y = \lim_{x \rightarrow \infty} f(x) = \lim_{x \rightarrow \infty} \frac{3x}{x - 9} = \lim_{x \rightarrow \infty} \frac{3x}{x} = \lim_{x \rightarrow \infty} 3 = 3$

Hence, the end behavior is that as $x \rightarrow \infty, y \rightarrow 3$ .

More can be learned about asymptotes at brainly.com/question/16948935

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1 year ago

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Step-by-step explanation:

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