Answer: the third one
Step-by-step explanation:Hope this is correct
Answer:
Option B
Step-by-step explanation:
Given that the required reserve ratio is 20 percent.
Since banks are conservative they choose not to loan all their excess reserves
i.e. only 20% of deposits is kept as reserve and 80% lent.
This 80% will again be deposited in a bank and 80% of 80 i.e.64% would be lent. Thus this will form a geometric progression infinitely as
deposits
with common ratio 0.8<1
Hence infinite sum = 
So deposit multiplier is B) equal to 5
Answer:
16
Step-by-step explanation:
each pie is cut into eighths meaning each pie is cut into 8 pieces now you have two pies in 8 pieces that looks like this 8+8=16 :]
Answer:
its A im pretty sure
Step-by-step explanation: