Ask Question
15 April, 09:03

If the Federal Reserve sets the reserve rate to 2%, what is the resulting money multiplier?

+4
Answers (1)
  1. 15 April, 11:11
    0
    Multiplier = 1 / Reserve Ratio.

    Multiplier = 1 / 0.02 (2%)

    Multiplier = 50.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “If the Federal Reserve sets the reserve rate to 2%, what is the resulting money multiplier? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers