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3 years ago

What is the money multiplier when the reserve requirement is

Business

1 answer:

Katyanochek1 [597]3 years ago

3 0

Answer:

Money multiplier= 1 / reserve requirement

a. Reserve requirement = 0.09

Money multiplier = 1 / 0.09

Money multiplier = 11.11

b. Reserve requirement = 0.25

Money multiplier = 1 / 0.25

Money multiplier = 4

c. Reserve requirement = 0.12

Money multiplier = 1 / 0.12

Money multiplier = 8.33

d. Reserve requirement = 0.04

Money multiplier = 1 / 0.04

Money multiplier = 25

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2 years ago

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shtirl [24]

Answer:

Results are below.

Explanation:

Giving the following information:

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2 years ago

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Answer:

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3 years ago

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elixir [45]

Answer:

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3 years ago