Pt 2

  Copy


More Options: Make a Folding Card




Storyboard Description

This storyboard does not have a description.

Storyboard Text

  • Dub is then transported to the Bank, where he is introduced into the federal reserve system.
  • The reserve rate at this specific bank is 10% which means 10% of all deposits are kept in the bank.
  • At the bank, the money multiplier is applied, which is the maximum amount of commercial bank money that can be created by a given unit of central bank money.
  • The formula for the money multiplier= 1/reserve requirement
  • So eventually Rob comes to the bank and withdraws Dub from the bank. This begins the process of Velocity of Money.
  • The velocity of money refers to how fast money passes from one holder to the next
More Storyboards By rashb03103
Explore Our Articles and Examples

Try Our Other Websites!

Photos for Class – Search for School-Safe, Creative Commons Photos (It Even Cites for You!)
Quick Rubric – Easily Make and Share Great-Looking Rubrics
abcBABYart – Create Custom Nursery Art