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The Table Given Below Shows the Assets and Liabilities of the National

Question 22

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The table given below shows the assets and liabilities of the National Bank.Assume that this is the only bank in the economy. Table 13.2
The table given below shows the assets and liabilities of the National Bank.Assume that this is the only bank in the economy. Table 13.2 Refer to Table 13.2 and calculate the legal reserves of the bank. A) $425 B) $5, 450 C) $1, 725 D) $2, 150 E) $1, 500 Refer to Table 13.2 and calculate the legal reserves of the bank.


A) $425
B) $5, 450
C) $1, 725
D) $2, 150
E) $1, 500

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