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 Onoriodefelix
  • 03-02-2020

Answer:

0.04%

Step-by-step explanation:

4%/100% = 0.04%

Answer Link

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