Register
If the federal reserve sets the reserve rate to 2%, determine the resulting money multiplier.
198k views
1 vote
If the federal reserve sets the reserve rate to 2%, determine the resulting money multiplier.

User Manan Shah
by
6.0k points

2 Answers

5 votes

apex says


50 is correct

User Barret
by
6.8k points
1 vote
The resulting money multiplier is 50
User Korijn
by
6.5k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.2m questions

9.6m answers

Other Questions

In what way did the GI Bill contribute to the growth of professional and white-collar jobs ? A.by providing US laborers with new job-training programs B.by giving US veterans assistance to purchase a new
What is meant by data mining ?
Identify the advantages and disadvantages of a command economy.
How can life expectancy and literacy rates affect the quality of labor in the economy?
What was a major result of Henry Ford's innovative manufacturing technique?
Link Copied!