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> MACROECONOMICS A required reserve ratio of 5 percent yields a deposit multiplier of?
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MACROECONOMICS A required reserve ratio of 5 percent yields a deposit multiplier of?
MACROECONOMICS A required reserve ratio of 5 percent yields a deposit multiplier of?
Posted at：
2014-12-05
I know the answer is 20 but I am not sure why can someone explain?
1 / 5% = 1 / 0.05 = 20
I know the answer is 20 but I am not sure why can someone explain?
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