The table below shows data in millions) for Sun Trust Banks in September 2007 and September 2008. Suppose that the required reserve ratio is 3 percent.
$$\begin{array} { | c | c | c | }
\hline & 2007 & 2008 \
\hline \text { Loans } & \$ 83 & \$ 78 \
\hline \text { Reserves } & \$ 4 & \$ 5 \
\hline \text { Deposits } & \$ 114 & \$ 95 \
\hline
\end{array}$$
The data show that Sun Trust make more loans in 2007 and make more loans in 2008.
A) cannot; cannot.
B) cannot; can.
C) can; cannot.
D) can; can.

Question

The table below shows data in millions) for Sun Trust Banks in September 2007 and September 2008. Suppose that the required reserve ratio is 3 percent.
$$\begin{array} { | c | c | c | } 
\hline & 2007 & 2008 \
\hline \text { Loans } & \$ 83 & \$ 78 \
\hline \text { Reserves } & \$ 4 & \$ 5 \
\hline \text { Deposits } & \$ 114 & \$ 95 \
\hline
\end{array}$$
The data show that Sun Trust make more loans in 2007 and make more loans in 2008.
A) cannot; cannot.
B) cannot; can.
C) can; cannot.
D) can; can.

Quizplus · Accepted Answer

The data show that Sun Trust made more loans in 2007 than in 2008, and made more reserves in 2008 than in 2007.

The Table Below Shows Data in Millions) for Sun Trust