Alpha Geek

(8)

$10/per page/Negotiable

About Alpha Geek

Levels Tought:
University

Expertise:
Accounting,Algebra See all
Accounting,Algebra,Architecture and Design,Art & Design,Biology,Business & Finance,Calculus,Chemistry,Communications,Computer Science,Environmental science,Essay writing,Programming,Social Science,Statistics Hide all
Teaching Since: Apr 2017
Last Sign in: 438 Weeks Ago, 1 Day Ago
Questions Answered: 9562
Tutorials Posted: 9559

Education

  • bachelor in business administration
    Polytechnic State University Sanluis
    Jan-2006 - Nov-2010

  • CPA
    Polytechnic State University
    Jan-2012 - Nov-2016

Experience

  • Professor
    Harvard Square Academy (HS2)
    Mar-2012 - Present

Category > Economics Posted 18 Jun 2017 My Price 2.00

Using a required reserve ratio of 10% and assuming that banks keep no excess reserves

Using a required reserve ratio of 10% and assuming that banks keep no excess reserves, imagine that $300 is deposited into a checking account. By how much more does the money supply increase if the Fed lowers the required reserve ratio to 7%?

 

 

Answers

Alpha Geek
(8)
Status NEW Posted 18 Jun 2017 09:06 AM My Price 2.00

-----------

Attachments

file 1497778829-Answer.docx preview (17 words )
A-----------nsw-----------er ----------- Mu-----------lti-----------pli-----------er -----------=1/-----------10%-----------=10----------- In-----------cre-----------ase----------- in----------- mo-----------ney----------- su-----------ppl-----------y=3-----------00*-----------10=-----------300-----------0 ----------- no-----------w i-----------f t-----------he -----------req-----------uir-----------ed -----------res-----------erv-----------e r-----------ati-----------o i-----------s l-----------owe-----------r =-----------7%,----------- th-----------en -----------mul-----------tip-----------lie-----------r=1-----------/7%-----------=14----------- -----------
Not Rated(0)