Multiple Choice
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 maximum amount of new loans that Alpha-Beta can create?
A) $25 million
B) $40 million
C) $60 million
D) $75 million
Correct Answer:

Verified
Correct Answer:
Verified
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