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lidiya [134]
3 years ago
14

Suppose the current reserve ratio is 25% and the level of checkable deposits represents total reserves. If the Federal Reserve l

owered the reserve ratio to 20%, excess reserves are now _______ and the money multiplier is ____.
Business
1 answer:
pashok25 [27]3 years ago
6 0

Answer:

Answer is $1,365.3 billion, 5.

Refer below.

Explanation:

Suppose the current reserve ratio is 25% and the level of checkable deposits represents total reserves. If the Federal Reserve lowered the reserve ratio to 20%, excess reserves are now $1,365.3 billion and the money multiplier is 5.

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Correct answer is TRUE

Explanation:

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Explanation:

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Which of the following statements is NOT true of a department in the merchandise classification scheme? it is the second level i
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Which of the following was partly an effect of the Mexican-American War?
Neporo4naja [7]

Answer:

The correct answer is letter "C": the United States becoming a transcontinental nation.

Explanation:

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With an attack on American Soldiers by April 1846 in Texas, the war begun. Americans military power revealed superior to Mexicans winning the war in favor of U.S. President James K. Polk (1795-1849) who <em>believed the U.S. had to spread across the continent</em>.

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Answer:

A. Conflict resolution abilities

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4 0
3 years ago
Read 2 more answers
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