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Exhibit 22-1 -The Data in Exhibit 22-1 Shows the Balance Sheet (In

Question 17

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Exhibit 22-1 Exhibit 22-1 -The data in Exhibit 22-1 shows the balance sheet (in millions of dollars) for Bank INF. Assuming the bank's reserves are what is required by law, the required reserve ratio is A) 85 percent. B) 15 percent. C) 70 percent. D) 30 percent. E) 5 percent.
-The data in Exhibit 22-1 shows the balance sheet (in millions of dollars) for Bank INF. Assuming the bank's reserves are what is required by law, the required reserve ratio is


A) 85 percent.
B) 15 percent.
C) 70 percent.
D) 30 percent.
E) 5 percent.

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