Solved

If a Bank Had $200 Million in Demand Deposits and Desired

Question 118

Multiple Choice

If a bank had $200 million in demand deposits and desired a 40 percent reserve ratio,how much would it hold as reserves?

A) $80 million
B) $120 million
C) $200 million
D) $500 million

Related Questions

Q113: When is currency a poor store of

Q114: Scenario 11-2<br>A bank's assets consist of $1

Q115: If banks desired a 100 percent reserve

Q116: What does a reserve ratio of 12.5

Q117: What is one reason why gold and

Q119: If a bank gets a $100 000

Q120: What is an important effect of fractional

Q121: If a bank receiving a new deposit

Q122: Which of the following statements about paper

Q123: Scenario 11-1<br>A bank's assets consist of $500