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Exhibit 19-4 Balance Sheet of Tucker National Bank The Required Reserve Ratio in Exhibit 19-4 Is:
A) 5

Question 27

Multiple Choice

Exhibit 19-4 Balance sheet of Tucker National Bank  Assets  Liabilities  Required reserves $4,000 Checkable deposits $20,000 Excess reserves 16,000 Loans 0 Total $20,000 Total $20,000\begin{array} { | l r | l l | } \hline { \text { Assets } } &&{ \text { Liabilities } } \\\hline \text { Required reserves } & \$ 4,000 & \text { Checkable deposits } & \$ 20,000 \\\text { Excess reserves } & 16,000 & & \\ \text { Loans } &{ 0 } & \\\text { Total } & \$ 20,000 & \text { Total } & \$ 20,000 \\\hline\end{array} The required reserve ratio in Exhibit 19-4 is:


A) 5 percent.
B) 10 percent.
C) 15 percent.
D) 20 percent.

Correct Answer:

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