Ask Question
BusinessBusiness
17 February, 07:21

If the required reserve ratio, m, is 20 percent, then the oversimplified money multiplier is

+4
Answers (1)
  1. 17 February, 09:20
    0
    If the required reserve ratio, m, is 20 percent, then the oversimplified money multiplier is five. The money multiplier is also called as the monetary multiplier and the multiplier effect. It usually depends on the amount of the various deposits.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “If the required reserve ratio, m, is 20 percent, then the oversimplified money multiplier is ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
You know that the assets of a firm BIG are today worth 100mil. You reasonably feel that in a year they will be either worth 110mil or 90mil. You also know that a riskless zero coupon bond maturing in one year is offering today a yield of 5%.
Answers (1)
Retained earnings a. over time will have a direct relationship with the amount of cash on hand if the corporation is profitable. b. cannot have a debit balance. c. is the cumulative total of net income plus dividends. d.
Answers (1)
On December 31, Mars Co. had the following portfolio of stock investments with insignificant influence. Mars had no stock investments in prior periods.
Answers (1)
Japan Company produces lamps that require 3 standard hours per unit at a standard hourly rate of $15.10 per hour. Production of 3,300 units required 10,200 hours at an hourly rate of $14.60 per hour.
Answers (1)
Classify each statement as true or false by dragging it into the corresponding category. - When two countries choose to partake in international trade, it is a mutually beneficial activity for both countries.
Answers (1)
New Questions in Business
The correct amount of prepaid insurance shown on a company's December 31, 2021, balance sheet was $1,400. On May 1, 2022, the company paid an additional insurance premium of $1,100.
Answers (1)
What is the best order to look for funding sources
Answers (1)
Adele decides to purchase several silver tea sets from vaughn's gift store. in their sales contract, adele and vaughn do not specify how many silver tea sets adele will purchase. they now have
Answers (1)
Jennifer's family always celebrates Christmas with decorated tree and stockings hung on the fireplace. These holiday decorations are visible symbols of Jennifer's cultural background.
Answers (1)
Using a minus (-) sign before a keyword search indicates that A. you're adding a "+" and then a "-"to refine the search. B. it's an optional term within your search. C. you're adding a word to your search. D.
Answers (1)
Home » Business » If the required reserve ratio, m, is 20 percent, then the oversimplified money multiplier is
Sign Up Forgot Password?