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  3. Study Set
    Modern Principles of Economics
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    Exam 15: The Federal Reserve System and Open Market Operations
  5. Question
    Bank a Has $100 Million in Deposits, $15 Million in Required
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Bank a Has $100 Million in Deposits, $15 Million in Required

Question 231

Question 231

Multiple Choice

Bank A has $100 million in deposits, $15 million in required reserves, and $85 million in loans. Bank A's reserve ratio is:


A) 10%.
B) 15%.
C) 20%.
D) 75%.

Correct Answer:

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