Banks can continue to make loans until their
A) actual reserves equal their required reserves.
B) excess reserves equal their required reserves.
C) actual reserves equal their excess reserves.
D) actual reserves equal their checking account balances.
Correct Answer:
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Q115: Scenario 14-2
Imagine that Kristy deposits $10,000 of
Q116: Table 14-2 Q117: A bank's assets are Q118: Suppose Bill Gates deposits $20 million into Q119: In an attempt to bring lenders and Q121: A commercial bank like Comerica creates money Q122: A balance sheet Q123: Suppose a transaction changes a bank's balance Q124: Which of the following is counted as Q125: Suppose the reserve ratio is RR.Then
A)things owned by or
A)measures flows of income and
A)required reserves
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