Question: Assuming that rd = .10, the equity multiplier is ? Bank Balance Sheet($ billions) Cash 31 Demand Deposits 490 Deposits at the Federal Reserve 20

Assuming that rd = .10, the equity multiplier is ?
Bank Balance Sheet($ billions) Cash 31 Demand Deposits 490 Deposits at the Federal Reserve 20 Loans 284 Securities 200 Capital 45
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