Refer to the information below.When the desired reserve ratio is 10 percent, the money creating potential of this single bank is:
A)zero dollars.
B)$6,000
C)$30,000
D)$60,000

Question

Refer to the information below.When the desired reserve ratio is 10 percent, the money creating potential of this single bank is: 
A)zero dollars. 
B)$6,000 
C)$30,000 
D)$60,000

Quizplus · Accepted Answer

The Answer of Refer to the information below.When the desired reserve ratio is 10 percent, the money creating potential of this single bank is: 
A)zero dollars. 
B)$6,000 
C)$30,000 
D)$60,000

Refer to the Information Below