Question: Question 25 3 pts Compute the reserve rate required for 1.2 million dollar expansion of the money supply due to a 111,969 dollar deposit. (Your

 Question 25 3 pts Compute the reserve rate required for 1.2

Question 25 3 pts Compute the reserve rate required for 1.2 million dollar expansion of the money supply due to a 111,969 dollar deposit. (Your answer should be in percentage terms, e.g. 8.1%)

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