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Table 16-4. -Refer to Table 16-4. If the Bank Faces a Reserve

Question 198

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Table 16-4. Table 16-4. -Refer to Table 16-4. If the bank faces a reserve requirement of 10 percent, then the bank A) is in a position to make a new loan of $15,000. B) has fewer reserves than are required. C) has excess reserves of $10,000. D) None of the above is correct.
-Refer to Table 16-4. If the bank faces a reserve requirement of 10 percent, then the bank


A) is in a position to make a new loan of $15,000.
B) has fewer reserves than are required.
C) has excess reserves of $10,000.
D) None of the above is correct.

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