Answer:
y = j x 316, or 316j. Both would work.
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
236.750422375 is the most exact answer round it if you have to
1.625 is the decimal that is between 1.5 and 1.7
Answer:
Markus has 6 marbles in each bag.
Step-by-step explanation:
Markus has 18 marbles and 3 bags
If you divide 18 marbles by 3 bags that would be 6 marbles in each bag.
