kevon7891 kevon7891
  • 18-01-2020
  • Business
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If the fedral reserve decreases the reserve rate from 6% to 4% how does this affect the amount of money that would result because of fractional-reserve banking from an initial deposit into a bank of $15000

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fuzzypants356
fuzzypants356 fuzzypants356
  • 18-01-2020

Answer:

it would be lower than what it was when it started

Explanation:

idk

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