Ask Question
25 August, 22:13

Let r=.05 be the reserve rate. Which one of the following is the money multiplier?

a. 10 *.05

b. 1/0.05^2

c. 0.05^2

d. 1/0.05

+4
Answers (1)
  1. 25 August, 22:49
    0
    The formula for the money multiplier is:

    1 / Reserve rate

    so, the answer would be:

    1/0.05
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “Let r=.05 be the reserve rate. Which one of the following is the money multiplier? a. 10 *.05 b. 1/0.05^2 c. 0.05^2 d. 1/0.05 ...” in 📙 Mathematics 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