Table 10-1

-Refer to the Table 10-1.What is the reserve ratio?
A)0 percent
B)20 percent
C)80 percent
D)100 percent

Name: Table 10-1 -Refer to the Table 10-1.What is the reserve ratio? A)0 percent B)20 percent C)80 percent D)100 percent
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Question

Table 10-1
 
-Refer to the Table 10-1.What is the reserve ratio?
A)0 percent 
B)20 percent 
C)80 percent 
D)100 percent

Quizplus · Accepted Answer

The reserve ratio can be calculated as (Reserves/Deposits) * 100. In this case, Reserves are $1,000 and Deposits are $5,000. Therefore, the reserve ratio is (1,000/5,000) * 100 = 20 percent.

Table 10-1 -Refer to the Table 10-1.What Is the Reserve Ratio