Refer to the information below which shows the demand deposits and actual reserves of a banking system.When the desired reserve ratio is 20 percent, the money creating potential of the entire banking system is:
A)$4,000
B)$6,000
C)$8,000
D)$10,000

Question

Refer to the information below which shows the demand deposits and actual reserves of a banking system.When the desired reserve ratio is 20 percent, the money creating potential of the entire banking system is: 
A)$4,000 
B)$6,000 
C)$8,000 
D)$10,000

Quizplus · Accepted Answer

The Answer of Refer to the information below which shows the demand deposits and actual reserves of a banking system.When the desired reserve ratio is 20 percent, the money creating potential of the entire banking system is: 
A)$4,000 
B)$6,000 
C)$8,000 
D)$10,000

Refer to the Information Below Which Shows the Demand Deposits