Ask Question
19 June, 22:01

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

a. 10 *.05

b. 1/0.05^2

c. 0.05^2

d. 1/0.05

+5
Answers (1)
  1. 20 June, 00:04
    0
    The formula for the money multiplier is:

    1 / Reserve rate

    so, the answer would be:

    1/0.05
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “Let r=.05 be the reserve rate. Which one of the following is the money multiplier? a. 10 *.05 b. 1/0.05^2 c. 0.05^2 d. 1/0.05 ...” in 📘 Mathematics 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