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elena55 [62]
3 years ago
11

Assuming a required reserve ratio of​ 10% and the Fed purchased​ $1 million worth of​ mortgage-backed securities, make use of th

e simple deposit multiplier to determine by how much checking deposits would change.
A. decrease by​ $1 million
B. increase by​ $10 million
C. decrease by​ $10 million
D. increase by​ $1 million
Business
1 answer:
Andrew [12]3 years ago
4 0

Answer:

B. Increase by $10 million.

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Answer:

b) high in rich countries.

Explanation:

Capital-to- labour ratio measure the degree of capitalisation of an economy.

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3 years ago
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2 years ago
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Videoconferencing, instant messaging, electric meetings, and even conference calls are considered. synchronous technology.

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