Multiple Choice
Given the following information about AAA bank:
Bank Deposits $50,000
Loans 25,000
Required Reserves 15,000
Excess Reserves 10,000
What is the reserve ratio?
A) 50 percent
B) 30 percent
C) 20 percent
D) 15 percent
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: In practice, the Board of Governors and
Q2: Traveler's checks are included in<br>A) M1 only.<br>B)
Q3: Suppose Ariana deposits $75,000 in her bank.
Q4: In the 1980s, a new category entitled
Q6: Explain why the money supply does not
Q7: Which one of the following would lead
Q8: An increase in checking account balances equals
Q9: If the reserve ratio is 4 percent,
Q10: Money solves the problem of double coincidence
Q11: Recall the Application about the Brazilian city