cherylharper cherylharper
  • 26-05-2021
  • History
contestada

IF THE FED HAS SET THE RESERVE REQUIREMENT AT 35%, HOW
MUCH OF A $100 DEPOSIT WOULD BE AVAILABLE TO LEND OUT?

Respuesta :

diakatr007 diakatr007
  • 27-05-2021

Answer:

$65

Explanation:

The reserve ratio is 35%, so the minimum amount of money that must be held on to is 35$. The rest can be lent out.

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