Let r=.05 be the reserve rate. Which one of the following is the money multiplier?
2 answers:
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Answer:
slope = if it were in an
Step-by-step explanation:
the graph is a negative and will therefore have a negative slope. to find the slope, pick a point on the graph and find the .
for instance, start with the point (0,1). Then go down 1 and left 2 to get to the next point on the graph (2,0). 1 is the "rise" and 2 is the "run" hence -1/2 being the slope.
you could also use the slope formula:
point 1: (0,1) (x₁ ,y₁)
point 2: (2,0) (x₂ , y₂)