Question

If the Federal Reserve decreases the reserve rate from 7% to 5%, how does this affect the amount of money that would result because of fractional-reserve banking from an initial deposit into a bank of $30,000?

Answer 1

help me please

Answer 2

for

Answer 3

My personal finance class

Answer 4

ok wat is it

Answer 5

If the Federal Reserve decreases the reserve rate from 7% to 5%, how does this affect the amount of money that would result because of fractional-reserve banking from an initial deposit into a bank of $30,000?

Answer 6

\[write an equation \in slope intercept form that satisfies each condition like slope=\frac{ 5 }8,passes through origin{ ? }\]