Answer: I need points to give out for answers-
Step-by-step explanation:
The correct answer for this question is this one: "D it increases by $1,800,000"
<span>If the federal reserve decreases the reserve rate from 2.5% to 1.25%, this affect the amount of money that would result because of fractional reserve banking from an initial deposit in a bank of $45,000 is that </span><u>it increases by $1,800,000</u>Hope this helps answer your question and have a nice day ahead.
The z-score is given by:
z=(x-mean)/s.d
the z-score giving us P(0.95)=1.96 and -1.96
thus;
-1.96=(x-1500)/300
-588=x-1500
x=-588+1500
x=912
also:
1.96=(x-1500)/300
588=x-1500
x=588+1500
x=2,088
therefore the sample size of the student picked will be given by:
2,088-912
=1,176
It is incorrect because those dividers prevent it from being a negative. Therefore it is wrong.