It’s based on loyalty to competitor
North America is bordered in the north by the Artic Ocean, in the east by the Atlantic Ocean, and in the west by the Pacific Ocean. Also, the Caribbean Sea is to North America's southeast.
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Answer:
If, the reserve requirement is 10%, then the money supply reserve multiplier is 10 and the money supply should be 10 times reserves. When a reserve requirement is 10%, this also means that a bank can lend 90% of its deposits.
Explanation:
