3 years ago

Let r=.05 be the reserve rate. Which one of the following is the money multiplier?

Mathematics

2 answers:

Hatshy [7]3 years ago

6 0

APEX!!!!!!!!!!!!!!!!!!!!!!!!!

1/0.05

Lady_Fox [76]3 years ago

5 0

The formula for the money multiplier is :
1/ Reserve rate
so, the answer would be :
1/0.05

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