Answer:cycles per second for Apex
Explanation:
Number 2 is the answer
Distance, Time
A credit union is an example of an informal economic institution
Answer:
Maximum money that bank can lend is $50,000
Explanation:
Given data:
Amount deposit is $10,000
reserve ratio is 0.20
Maximum money that bank can lend is calculated as
maximum money = (deposit - reserve)× money multiplier
money multiplier ![= \frac{1}{reserve\ ratio}](https://tex.z-dn.net/?f=%3D%20%5Cfrac%7B1%7D%7Breserve%5C%20ratio%7D)
money multiplier![= \frac{1}{0.20} = 5](https://tex.z-dn.net/?f=%3D%20%5Cfrac%7B1%7D%7B0.20%7D%20%3D%205)
and reserve is zero hence
maximum money = (10,000 - 0)× 5
maximum money = $50,000