The reserve ratio is a bank's reserves as a fraction of its
A) total assets.
B) total loans.
C) total deposits.
D) currency.
Correct Answer:
Verified
Q261: The majority of money is created when
A)
Q262: An open market operation occurs when the
Q263: Excess reserves are
A) actual reserves minus desired
Q264: Bank managers lend the excess reserves created
Q265: If required reserves are $150 and deposits
Q267: A bank with $100 million in deposits
Q268: The sale of $1 billion of government
Q269: A bank's required reserves are calculated by
Q270: Money is created by
A) banks paying for
Q271: If the desired reserve ratio is 3
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