Exercises
Money and Banking
Money and Banking
What is the maximum banking multiplier when the required reserve ratio of an economy is 20%?
Skills required: remember important formula and apply it to the question
What is the maximum banking multiplier when the required reserve ratio of an economy is 50%?
Skills required: remember important formula and apply it to the question
In a banking system, there are $400 reserves and no excess reserves. Also, there are $2000 deposits. What is the required reserved ratio?
Skills required: remember important formula and apply it to the question
Related concepts:
In a banking system, there are $100 reserves and no excess reserves. Also, there are $1000 deposits. What is the required reserved ratio?
Skills required: remember important formula and apply it to the question
Related concepts: