Multiple Choice
If required reserves are $150 and deposits are $1,000, what is the required reserve ratio?
A) 10 percent
B) 15 percent
C) 5 percent
D) 85 percent
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q241: What is the money multiplier and what
Q242: <img src="https://d2lvgg3v3hfg70.cloudfront.net/TB8586/.jpg" alt=" -In the balance
Q243: Which of the following is a service
Q244: If the velocity of circulation was equal
Q245: When part of the quantity of money
Q247: In September 2008, Regions Bank has $89
Q248: The main policy-making body of the Federal
Q249: Excess reserves are<br>A) desired reserves minus actual
Q250: In the list of assets below, which
Q251: When real GDP increases, the demand for