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a.) For 6 and 7 can you check my answer if there are correct or not? Thanks! b.) Question 13: If banks are only required to keep 3% of checking deposits as reserves (and do only keep 3%), what is the money multiplier. (Round your answer to 2 decimal places.)

a.) For 6 and 7 can you check my answer if there are correct or not? Thanks!b.) Question 13: If

banks are only required to keep 3% of checking deposits as reserves (and do only keep 3%), what is the money multiplier. 

(Round your answer to 2 decimal places.)

 
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