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Given the Following Information About AAA Bank What Is the Reserve Ratio?
A)50 Percent
B)40 Percent
C)20

Question 61

Multiple Choice

Given the following information about AAA bank:  Bank Deposits $200,000 Loans 100,000 Required Reserves 40,000 Excess Reserves 60,000\begin{array}{lr}\text { Bank Deposits } & \$ 200,000 \\\text { Loans } & 100,000 \\\text { Required Reserves } & 40,000 \\\text { Excess Reserves } & 60,000\end{array}
What is the reserve ratio?


A) 50 percent
B) 40 percent
C) 20 percent
D) 10 percent

Correct Answer:

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