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Lera25 [3.4K]
3 years ago
13

Assume $1,000 is deposited in a checkable account by mr. y in bank

Business
1 answer:
otez555 [7]3 years ago
4 0
Hi there

1,000÷0.20
=5,000

5,000−1,000
=4,000....Answer (this is the total amount of money can be created)

Hope it helps
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Answer:

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2 years ago
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Incomplete question. I answered from a general economic standpoint.

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6 0
2 years ago
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Hope this helps! :)
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4 0
3 years ago
Read 2 more answers
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