If the Federal Reserve sets the reserve rate to 5%, what is the resulting money multiplier?

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asked Apr 24, 2017 138k views

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Robin Varghese · Answer 1 · 2017-04-28T06:10:16+0000

For the answer to the question above, the question is simple and easy to answer. Just divide 5% to 100 and it will look like this,

5.00/100

so the answer for this problem is 0.05
I hope my answer helped you with your problem. Have a nice day!

If the Federal Reserve sets the reserve rate to 5%, what is the resulting money multiplier?

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