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Ehab Ehab
wrote...
Posts: 97
6 years ago
When bank deposits increase from $1 million to $2 million, banks' required reserves increase from $100,000 to $200,000. The required reserve ratio is ________.
A) 10.0
B) 0.10
C) 1.00
D) 0.25
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
Author:
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Answer verified by a subject expert
patod1patod1
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Posts: 158
6 years ago
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Ehab Author
wrote...

6 years ago
Good timing, thanks!
wrote...

Yesterday
Brilliant
wrote...

2 hours ago
Thanks for your help!!
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