With a 5% reserve ratio, the Fed can create up to 1.05=20 times the initial deposit.
With a 2% reserve ratio, it can create up to 1.02=50 times the initial deposit.
So lowering the reserve ratio would increase the amount of money made.
50x−20x=30x, where x=$25,000.
Answer: r=2
Step-by-step explanation: 8•2=16
Cross multiply to find your answer
x/250 = 20/100
250 X 20= 5000
5000=100x
x = 50
250 - 50 = 200
first we must solve 14.5*10 to the -6 power
10 to the -6 power is 0.000001
so, 14.5 times 0.000001 is 0.0000145
Now to turn 0.0000145 into scientific notation, the decimal needs to be moved 5 places to the right, so the exponent base of 10 will be 5 and since the number is less than 1 the sign of the exponent will be negative,
so you get 1.45*10 to the -5th power
your final answer:
<u>0.0000145 = 1.45*10 to the -5th power</u>
