Solved

If Suntrust Banks Have Demand Deposits of $10 Billion,actual Reserves

Question 163

Multiple Choice

If Suntrust Banks have demand deposits of $10 billion,actual reserves of $2 billion,and the reserve requirement is 18%,the bank's excess reserves are

A) $180 million.
B) $200 million.
C) $360 million.
D) $400 million.
E) $1 billion.

Related Questions

Q158: Banks that receive their charters from the

Q159: Which statement is true?<br>A)The Fed failed to

Q160: An increase in the required reserve ratio

Q161: The Glass-Steagall Act<br>A)was created in 1933 to

Q162: Which statement is false?<br>A)Time deposits are subject

Q164: If the Fed buys $30 million in

Q165: The Banking Acts of 1980 and 1999

Q166: If a bank has no excess reserves,the

Q167: Who does not sit on the Federal

Q168: Which statement is true?<br>A)Banks get a significant