subject
Mathematics, 30.11.2020 01:00 BigGirlsTheBest

If the reserve requirement is 20%, and total deposits are $1,500,000.00, how much must a bank maintain in reserves?
a. What is the money multiplier?
b. How large is the money supply created from these deposits?

ansver
Answers: 3

Another question on Mathematics

question
Mathematics, 21.06.2019 14:00
Ben bowled 124 and 188 in his first two games. what must he bowl in his third game to have an average of at least 160?
Answers: 1
question
Mathematics, 21.06.2019 15:30
Name these type of angles shown check all that applies
Answers: 2
question
Mathematics, 21.06.2019 19:30
Last month, a 770 g box of cereal was sold at a grocery store for $3.10. however, this month, the cereal manufacturer launched the same cereal in a 640 g box, which is being sold at $2.50. what is the percent change in the unit price?
Answers: 1
question
Mathematics, 21.06.2019 20:30
What’s 8y+48 and factor each expression completely
Answers: 2
You know the right answer?
If the reserve requirement is 20%, and total deposits are $1,500,000.00, how much must a bank mainta...
Questions
question
Mathematics, 21.09.2019 16:30
question
Mathematics, 21.09.2019 16:30
question
Geography, 21.09.2019 16:30
question
English, 21.09.2019 16:30
Questions on the website: 13722367