Multiple Choice
-The above table gives the initial balance sheet for Mini Bank. Mini Bank?s actual reserve ratio equals ___________.
A) 20 percent
B) 14.3 percent
C) 33.3 percent
D) 25 percent
Correct Answer:
Verified
Related Questions
-The above table gives the initial balance sheet for Mini Bank. Mini Bank?s actual reserve ratio equals ___________.
A) 20 percent
B) 14.3 percent
C) 33.3 percent
D) 25 percent
Correct Answer:
Verified