-The above table presents the balance sheet of the TBK commercial bank. What is this bank's actual reserve ratio?
A) $120
B) $700
C) 17.14 per cent
D) 20 per cent
Correct Answer:
Verified
Q1: During periods of inflation, which function of
Q2: Which of the following is a liability
Q5: A medium of exchange is
A)the thing traded
Q6: M1 is a measure of
A)money and includes
Q7: The opportunity cost of holding money increases
Q8: If the desired reserve ratio is 3
Q9: Controlling the quantity of money and interest
Q10: Reserves are .
A)gold in a bank's vault
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