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The Figures in the Table Below Are for a Single

Question 81

Multiple Choice

The figures in the table below are for a single commercial bank. All figures are in thousands of dollars. The figures in the table below are for a single commercial bank. All figures are in thousands of dollars. Refer to the data given above. If the required reserve ratio is 10 percent, the bank has excess reserves of: A) $28,000 B) $22,000 C) $18,000 D) $16,000 Refer to the data given above. If the required reserve ratio is 10 percent, the bank has excess reserves of:


A) $28,000
B) $22,000
C) $18,000
D) $16,000

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