Step-by-step explanation:
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Answer:
The maximum deposit is $4,000 billion.
Step-by-step explanation:
Consider the provided information.
It is given that the required reserve ratio of 10 percent for all banks.
It is given that total bank reserves of $400 billion.
Let the maximum deposit is x.
Therefore, 10% of x = $400 billion
Hence, the maximum deposit is $4,000 billion.
Answer:
Previously, there were 29 members in the ski club
Step-by-step explanation:
Subtract 9 from 38
Answer:
Esma can fit 3 packages in the box because 20+10+10=30 and 5+2+2=9 so if you add up 9 three times you get 27 and that is the closest number you can get before going over.
Step-by-step explanation:
Answer:
9:50 A.M.!
Step-by-step explanation:
7 HRS +2 HRS = 9 HRS
30 MINS + 20 MINS = 50 MINS