Solved

If a Bank Receiving a New Deposit of $200 000

Question 79

Multiple Choice

If a bank receiving a new deposit of $200 000 would be able,as a result,to increase its lending by,at most,$150 000,what is the desired reserve ratio?


A) 4 percent
B) 25 percent
C) 40 percent
D) 50 percent

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions