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:
B
Step-by-step explanation:
L=750(0.25)×
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0.07 is the larger number out of the two
Answer:
404.5 dollars
Step-by-step explanation:
8x9+(0.875x380)=404.5
Answer:
2/5
Step-by-step explanation:
-2/5-(-4/5) (remove the parentheses)
-2/5+4/5 (calculate)
solution: 2/5
hope this helps!