For the following seven questions, use the following bank balance sheet. Values are millions of dollars.

-If $100 in transaction deposits were withdrawn, what is the minimum amount the bank would have to borrow to meet the reserve requirement, if there were no other changes to the balance sheet?
A) $30
B) $50
C) $80
D) $100

Question

For the following seven questions, use the following bank balance sheet. Values are millions of dollars.
 
-If $100 in transaction deposits were withdrawn, what is the minimum amount the bank would have to borrow to meet the reserve requirement, if there were no other changes to the balance sheet?
A) $30 
B) $50 
C) $80 
D) $100

Quizplus · Accepted Answer

The Answer of For the following seven questions, use the following bank balance sheet. Values are millions of dollars.
 
-If $100 in transaction deposits were withdrawn, what is the minimum amount the bank would have to borrow to meet the reserve requirement, if there were no other changes to the balance sheet?
A) $30 
B) $50 
C) $80 
D) $100

For the Following Seven Questions, Use the Following Bank Balance