|
Author Question: If the reserve ratio is designated by r, how much of a deposit can banks lend out? A) (1 - r) B) ... (Read 32 times) |
Did you know?
About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.
Did you know?
After 5 years of being diagnosed with rheumatoid arthritis, one every three patients will no longer be able to work.
Did you know?
Vaccines prevent between 2.5 and 4 million deaths every year.
Did you know?
In 1844, Charles Goodyear obtained the first patent for a rubber condom.
Did you know?
Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.