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Table 14-3 -Refer to Table 14-3.Consider the Above Simplified Balance Sheet for Simplified

Question 42

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Table 14-3
Table 14-3    -Refer to Table 14-3.Consider the above simplified balance sheet for a bank.If the required reserve ratio is 10 percent,the bank can make a maximum loan of A) $2,000. B) $5,000. C) $6,300. D) $45,000.
-Refer to Table 14-3.Consider the above simplified balance sheet for a bank.If the required reserve ratio is 10 percent,the bank can make a maximum loan of


A) $2,000.
B) $5,000.
C) $6,300.
D) $45,000.

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