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swat32
3 years ago
6

Use 3.14 as an approximation for a

Mathematics
1 answer:
elena-14-01-66 [18.8K]3 years ago
4 0

Answer:

For a what there's nothing here

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Suppose that you take $350 in currency out of your pocket and deposit it in your checking account. If the required reserve ratio
nika2105 [10]

Answer:

= $3,888.89

Step-by-step explanation:

First, calculate the money multiplier(MM); which is the amount of money that is generated by the banks for each dollar of reserve. In this case, it describes how a deposited amount increases the total supply of money.

Money Multiplier = 1 / reserve ratio

Reserve ratio = 9% or 0.09

Therefore, money multiplier = 1/0.09 = 11.1111

Next, use the reserve ratio to calculate the amount of increase in money supply;

= 11.1111 * $350

= $3,888.89

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4 years ago
How wide is a rectangular strip of land with the length 3/4 mile and area 1/2 square mile?
antiseptic1488 [7]
A mile or two can add up to ether 5,280 or 1,760 I'm sorry I'm kinda good at math hope that helps
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3 years ago
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How would you round the numbers 33 and89
Effectus [21]
33 would be 30 and 89 would be 90
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3 years ago
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How do u solve 2x - 30000y???????????
Fed [463]

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2(x-15000y)

Step-by-step explanation:

2x-30000y

2(x-15000y)

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3 years ago
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