If the federal reserve decreases the reserve rate from 7% to 5%, how does this affect the amount of money that would result because of fractional-reserve banking from an initial deposit into a bank of $30,000?

Consider the following estimates from the early 2010s of shares of income to each group. country poorest 40% next 30% richest 30% bolivia 10 25 65 chile 10 20 70 uruguay 20 30 50 1.) using the 4-point curved line drawing tool, plot the lorenz curve for bolivia. properly label your curve. 2.) using the 4-point curved line drawing tool, plot the lorenz curve for uruguay. properly label your curve.

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