Multiple Choice
A bank has $200 of reserves and $4,000 of deposits.It is just meeting its desired reserves and has no excess reserves.Thus the desired reserve ratio is
A) 10 percent.
B) 20 percent.
C) 25 percent.
D) 5 percent.
E) $200.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q189: If there is an increase in the
Q190: Which of the following is money?<br>A)debit cards<br>B)e-checks<br>C)credit
Q191: How can a new deposit of $10,000
Q192: Which of the following statements is correct?<br>A)required
Q193: What is the central bank of the
Q195: A currency drain is cash _ and
Q196: Money is any commodity or token that
Q197: Which of the following is a tool
Q198: Susan just sold her text books for
Q199: New money is created in the U.S.economy