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-Refer to Table 10-2

Question 131

Multiple Choice

-Refer to Table 10-2. If the reserve requirement is 12 percent, what is the state of this bank? A) It can make a new loan of $17,500. B) It has less reserves than required. C) It has excess reserves of less than $5000. D) It has excess reserves of more than $5000.
-Refer to Table 10-2. If the reserve requirement is 12 percent, what is the state of this bank?


A) It can make a new loan of $17,500.
B) It has less reserves than required.
C) It has excess reserves of less than $5000.
D) It has excess reserves of more than $5000.

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