Multiple Choice
Table 16-2. An economy starts with $10,000 in currency. All of this currency is deposited into a single bank, and the bank then makes loans totaling $9,250. The T-account of the bank is shown below.
-Refer to Table 16-2. The bank's reserve ratio is
A) 7.50 percent.
B) 8.12 percent.
C) 92.50 percent.
D) 100 percent.
Correct Answer:

Verified
Correct Answer:
Verified
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