Answer:
D) 13/100 = 2500/X
Step-by-step explanation:
..........
The formula for the money multiplier is :
1/ Reserve rate
so, the answer would be :
1/0.05
Q-2r=4, therefore: q=4+2r.
Plug the value of q into q+r=37, so you get:
4+2r+r=37
3r=37-4=33
3r=33
Therefore: r=11.
q-2r=4, but r=11, so:
q-2(11)=4
q-22=4
Therefore q=26.
Check if the answer is correct using second equation:
q=4+2r=4+2(11)=4+22=26.
So: q=26 and r=11.
