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:
It’s A hope this is right good luck
Answer:
36
Step-by-step explanation:
a1 = 4
an=an-1 *3
a2 = a1 *3 = 4*3 = 12
a3 = a2*3 = 12*3 = 36