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melinaesparza
melinaesparza melinaesparza
  • 14-02-2017
  • Mathematics
Answered

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

A10 * .05
B1/0.05^2
C0.05^2
D1/0.05

Verified Answer :

Javerdabeast
Javerdabeast Javerdabeast
  • 15-02-2017

The formula for the money multiplier is :
1/ Reserve rate
so, the answer would be :
1/0.05

Answer Link
cristygoode cristygoode
  • 27-08-2018

APEX!!!!!!!!!!!!!!!!!!!!!!!!!

1/0.05

Answer Link

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