Answer the questions below in well-constructed paragraphs with a maximum of 500 words (maximum 2 pages). Analysis/discussion of the topic must include of a minimum of 2 high-quality, credible, relevant sources of outside information. cite your references in APA format.
- Conduct a comparison of the reserve ratios in China and the US. Identify what is different.
- How does the reserve ratio influence China's money multiplier?
- Would a higher reserve ratio increase or decrease bank profit? Why or why not?