Given the following information about AAA bank: $\begin{array}{lr}
\text { Bank Deposits } & \$ 50,000 \
\text { Loans } & 25,000 \
\text { Required Reserves } & 15,000 \
\text { Excess Reserves } & 10,000
\end{array}$
What is the reserve ratio?
A)50 percent
B)30 percent
C)20 percent
D)15 percent

Question

Given the following information about AAA bank: $\begin{array}{lr}
\text { Bank Deposits } & \$ 50,000 \
\text { Loans } & 25,000 \
\text { Required Reserves } & 15,000 \
\text { Excess Reserves } & 10,000
\end{array}$
 What is the reserve ratio?
A)50 percent
B)30 percent
C)20 percent
D)15 percent

Quizplus · Accepted Answer

The Answer of Given the following information about AAA bank: $\begin{array}{lr}
\text { Bank Deposits } & \$ 50,000 \
\text { Loans } & 25,000 \
\text { Required Reserves } & 15,000 \
\text { Excess Reserves } & 10,000
\end{array}$
 What is the reserve ratio?
A)50 percent
B)30 percent
C)20 percent
D)15 percent

Given the Following Information About AAA Bank What Is the Reserve Ratio? A)50 Percent B)30 Percent C)20

Given the Following Information About AAA Bank What Is the Reserve Ratio?
A)50 Percent
B)30 Percent
C)20