gonzalezlauren6 gonzalezlauren6

03-02-2020
Mathematics

contestada

If the Federal Reserve sets the reserve rate to 4%, what is the resulting money
multiplier?

Respuesta :

Onoriodefelix Onoriodefelix

03-02-2020

Answer:

0.04%

Step-by-step explanation:

4%/100% = 0.04%

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