Answer:
Maximum money that bank can lend is $50,000
Explanation:
Given data:
Amount deposit is $10,000
reserve ratio is 0.20
Maximum money that bank can lend is calculated as
maximum money = (deposit - reserve)× money multiplier
money multiplier
money multiplier
and reserve is zero hence
maximum money = (10,000 - 0)× 5
maximum money = $50,000
The reason why Russia is spoken by a lot of these countries is because Many of these countries use to be part of the Soviet Union.
<h3>What was the Soviet Union?</h3>
This was a socialist and communist republic that existed in Europe for a period of 69 years.
The people had a similar language at the time before it was dissolved in the year 1991.
Read more on the Soviet union here: brainly.com/question/1310325