brandiandkim brandiandkim
  • 23-05-2019
  • Advanced Placement (AP)
contestada

Suppose the required reserve ratio is 20% . A $5 million deposit allows commercial banks to create as much as

a) $25 million.
b) $5 million.
c) $10 million.
d) $1 million.

Respuesta :

kaylamarie130607
kaylamarie130607 kaylamarie130607
  • 23-05-2019

The answer is D...hope this helps!!!

Answer Link
ewirvine147
ewirvine147 ewirvine147
  • 24-09-2019

Answer:

d

Explanation:

Answer Link

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