# Economics

If the banking system has \$15,000 of total reserves and a reserve requirement of 20%, the money supply can reach a maximum of

\$30,000.
\$65,000.
\$75,000.
\$150,000.

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1. Do a little research on the Money Multiplier.

Try here.
http://en.wikipedia.org/wiki/Money_creation

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2. c x 0.20 = 15,000
c x (1/5) = 15,000
c = 15,000 x 5

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posted by nina

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