sm340791 sm340791
  • 24-10-2021
  • Mathematics
contestada

Let r = .05 be the reserve rate. Which of the following is the money multiplier?

Respuesta :

michellemuniz367
michellemuniz367 michellemuniz367
  • 24-10-2021

Answer:

1/0.05

Step-by-step explanation:

The formula for the money multiplier is :

1/ Reserve rate

If is wrong i'm sorry

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