Juliorodg14 Juliorodg14

01-07-2020
Physics

contestada

The Money Multiplier is found by the
formula (1/Required Reserve Ratio).
What is the value of the multiplier if
the Required Reserve Ratio is 65%?
A. 1.54
B. 1.65
C. 1.99

Respuesta :

palamanaomi palamanaomi

30-05-2022

Answer:

1.54

Explanation:

1/rrr

1/65=0.01538 approximately

0.01538×100 since it's in percentage gives

1.5384 approximately

1.54

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