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Home Q & A Board Other Fields Homework Help Business Economics
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Loraine Loraine
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9 years ago
If a bank receives an additional deposit of $50,000 and the desired reserve ratio is 20 percent, what is the amount of new loans the bank can make?
Textbook 
Essential Foundations of Economics

Essential Foundations of Economics


Edition: 7th
Authors:
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Start by doing what's necessary; then do what's possible; and suddenly you are doing the impossible.
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SydnieSydnie
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9 years ago
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Loraine Author
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9 years ago
Thanks
cartoon
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
MLynneMcMillan
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2 hours ago
Thanks for your help!!
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