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
Step-by-step explanation:
4:16
No it's ok no need to thank me, it's my duty to help someone like you
Step-by-step explanation:
Your maths problem
<
1
5
?
.
8
0
.
7
0
.
1
0
0
.
1
1
0
Answer:
Option D (7, -3)
Step-by-step explanation:
We know that the general equation of an ellipse has the form:
Where the point (h, k) are the coordinates of the center of the ellipse
In this case the equation of the ellipse is:
Then
So The coordinates of the center of the ellipse are (7, -3)
