-In the balance sheet above, the entries are in millions of dollars for the FBN Bank. If the desired reserve ratio on deposits is 10 percent, FBN Bank can loan an additional
A) $200 million.
B) $0.
C) $280 million.
D) $100 million.

Question

-In the balance sheet above, the entries are in millions of dollars for the FBN Bank. If the desired reserve ratio on deposits is 10 percent, FBN Bank can loan an additional
A) $200 million. 
B) $0. 
C) $280 million. 
D) $100 million.

Quizplus · Accepted Answer

The Answer of 
-In the balance sheet above, the entries are in millions of dollars for the FBN Bank. If the desired reserve ratio on deposits is 10 percent, FBN Bank can loan an additional
A) $200 million. 
B) $0. 
C) $280 million. 
D) $100 million.

-In the Balance Sheet Above, the Entries Are in Millions