Multiple Choice
What are a bank's target reserves equal to?
A) Its demand deposits divided by the target reserve ratio.
B) The amount of outstanding loans multiplied by the target reserve ratio.
C) Its demand deposits multiplied by the target reserve ratio.
D) The amount of its demand deposits.
E) The sum of its demand deposits and notice deposits.
Correct Answer:
Verified
Correct Answer:
Verified
Q12: Which of the following is a major
Q13: What is the difference between the M1
Q14: If a bank has demand deposits of
Q15: What is the book value of a
Q16: What are the term deposits of businesses
Q18: Until what date were commercial banks in
Q19: Why are notice deposits not included in
Q20: Suppose that the Canucks Bank has excess
Q21: How is money functioning in the example
Q22: The currency held by banks is considered