10 4 Pints Ebook Ask Print References If The Reserve Requirement Is 25 Percent And The Federal Reserve Increases Reserve 1 (75.19 KiB) Viewed 11 times
Hello, may someone double-check my answer if possible?
my work:
Multiplier= 1/.25 = 44 x 50 = 200
Increase or decrease by 200, not sure...
thank uuuuu
10 4 pints eBook Ask Print References If the reserve requirement is 25 percent and the Federal Reserve increases reserves by $50 million the money supply will Multiple Choice decrease by $1,250 million. decrease by $200 million. increase by $1,250 million. increase by $200 million.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!