If a 100deposit in a bank leads to a 1000
increase in the money supply, the reserve requirement must have been:_____
A. 10%
B. 10%
C. 100%
D. 1000%
E. Cannot be determined from the information given.

Question

15-06-2024
Business

Answered

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If a 100deposit in a bank leads to a 1000
increase in the money supply, the reserve requirement must have been:_____
A. 10%
B. 10%
C. 100%
D. 1000%
E. Cannot be determined from the information given.

Sagot :

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