A chartered bank's desired reserve can be calculated by:
A) dividing its excess reserves by its desired reserve.
B) dividing its desired reserve by its excess reserves.
C) multiplying its demand-deposit liabilities by the reserve ratio.
D) multiplying its demand-deposit liabilities by its excess reserves.
Correct Answer:
Verified
Q16: The claims of the owners of a
Q110: Which of the following is correct?
A)Desired reserves
Q111: The amount of reserves that a chartered
Q112: A bank owns a 10-story office building.In
Q114: Suppose the ABC bank has excess reserves
Q116: When cash is deposited in a demand-deposit
Q117: A bank which has liabilities of $150
Q118: Demand deposits are also called:
A)chequing accounts.
B)high-powered money.
C)savings
Q119: The reserves of a chartered bank consist
Q120: If a bank has liabilities exceeding its
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents