cherylharper cherylharper

26-05-2021
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IF THE FED HAS SET THE RESERVE REQUIREMENT AT 35%, HOW
MUCH OF A $100 DEPOSIT WOULD BE AVAILABLE TO LEND OUT?

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diakatr007 diakatr007

27-05-2021

Answer:

$65

Explanation:

The reserve ratio is 35%, so the minimum amount of money that must be held on to is 35$. The rest can be lent out.

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