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Table 9-3 Balance Sheet of the Alpha-Beta Bank

Question 77

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Table 9-3
Balance Sheet of the Alpha-Beta Bank
(All figures in $ million)
Table 9-3 Balance Sheet of the Alpha-Beta Bank (All figures in $ million) -Refer to Table 9-3. If the required reserve ratio is 10%, what is the amount of excess reserves held by Alpha-Beta Bank? A) $25 million B) $40 million C) $60 million D) $75 million
-Refer to Table 9-3. If the required reserve ratio is 10%, what is the amount of excess reserves held by Alpha-Beta Bank?


A) $25 million
B) $40 million
C) $60 million
D) $75 million

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