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If Primary deposit is 1000 ,calculate the deposit/money multipler when (a) Legal reserve ratio is 20% , (b) Legal reserve ratio is 80% Also find the money created by banks.
If the money created byu the banks is 500 and the lega reserve ratio is 20% find the value of primary deposit.
If the money created by the banking system is 1000 and the primary deposit is 250 what is the value of the deposit multiplier and the legal reserve ratio?
Expleln the components of Legal Reserve Ratio
The Federal Reserve System also known as the Federal Reserve or simply as the Fed is the central banking system of?