Mathematics, 07.12.2020 05:10 ineedhelp2285
If the reserve requirement is 20%, and total deposits are $1,500,000.00, how much must a bank maintain in
reserves
What is the money multiplier?
How large is the money supply created from these deposits?
Answers: 2
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If the reserve requirement is 20%, and total deposits are $1,500,000.00, how much must a bank mainta...
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