If the federal reserve sets the reserve rate at 12.5% what is the resulting money multiplier
2 answers:
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<h3>hello!</h3>
In order to solve this inequality, we should divide both sides by 9:-
Why 9? Because x is multiplied by 9, and we need to isolate x in order to find its value.
Hence, that's the solution to the inequality.
<em>It also means that the numbers less than 8 will satisfy the given inequality (make the inequality true)</em>
(Option C is correct :) )
<h3>note:-</h3>Hope everything is clear; if you need any explanation/clarification, kindly let me know, and I will comment and/or edit my answer :)