Problems & Exercises for MACRO
Unit Four (for the Final Exam)
Unit Four--Assignment One--Web Problem 3
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1 |
For each of the following reserve requirements, calculate the bank multiplier.
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Reserve Requirement |
Bank Multiplier |
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.50 |
? |
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.25 |
? |
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.20 |
? |
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.10 |
? |
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.05 |
? |
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.01 |
? |
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.001 |
? |
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.0001 |
? |
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0 |
? |
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