Mathematics, 30.09.2019 22:00 strevino9178

If the federal reserve decreases the reserve rate from 6% to 4% how does
this affect the amount of money that would result because of fractional-
reserve banking from an initial deposit into a bank of $15,000?

Answers: 2

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More questions: Mathematics Another questions

If the federal reserve decreases the reserve rate from 6% to 4% how doesthis affect the amount of money that would result because of fractional-reserve banking from an initial deposit into a bank of $15,000?

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Another question on Mathematics

If the federal reserve decreases the reserve rate from 6% to 4% how does
this affect the amount of money that would result because of fractional-
reserve banking from an initial deposit into a bank of $15,000?