Solved

Suppose a Commercial Bank Has a Level of Target Reserves

Question 75

Multiple Choice

Suppose a commercial bank has a level of target reserves of $500 million and actual reserves of $575 million.This bank's ________ $75 million.


A) profits are
B) fractional reserves are
C) excess reserves are
D) reserve ratio is
E) cash drain is

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents