Multiple Choice
Refer to the accompanying consolidated balance sheet for the commercial banking system. Assume the required reserve ratio is 12 percent. All figures are in billions of dollars. The claims of owners in the commercial banking
System are equal to
A) $60 billion.
B) $100 billion.
C) $135 billion.
D) $150 billion.
Correct Answer:

Verified
Correct Answer:
Verified
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