subject
Mathematics, 17.12.2019 21:31 zianebonankenotdbev

If the federal reserve decreases the reserve rate from 4% to 2%, how does this affect the amount of money that would result because of fractional-reserve banking from an initial deposit into a bank of $55,000?

a. it increases the amount by $1,375,000.
b. it decreases the amount by $2,750,000.
c. it decreases the amount by $1,375,000.
d. it increases the amount by $2,750,000.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 14:00
Which graph represents the solution of the inequality?
Answers: 1
question
Mathematics, 21.06.2019 15:20
Compare the subtraction problems 6/8 - 5/8 = 1/8 and 6/9 - 7/9 = 1/9 why is the answer to the first problem positive and the answer to the second problem negative
Answers: 1
question
Mathematics, 21.06.2019 17:30
How many bananas are in a fruit bowl that has 200 total apples and bananas if there are 31 bananas for every 93 apples
Answers: 1
question
Mathematics, 21.06.2019 19:30
If 2(a^2+b^2)=(a+b)^2 then, > a+b=0, > ab=0, > a=b, > 2a=b
Answers: 1
You know the right answer?
If the federal reserve decreases the reserve rate from 4% to 2%, how does this affect the amount of...
Questions
question
Chemistry, 08.04.2020 04:44
Questions on the website: 13722360