Table 10-2

-Refer to the Table 10-2.If the reserve requirement is 10 percent,what is the state of this bank?
A)It can make a new loan of $18 000.
B)It has less reserves than required.
C)It has excess reserves of less than $8000.
D)It has excess reserves of more than $8000.

Question

Table 10-2
 
-Refer to the Table 10-2.If the reserve requirement is 10 percent,what is the state of this bank?
A)It can make a new loan of $18 000. 
B)It has less reserves than required. 
C)It has excess reserves of less than $8000. 
D)It has excess reserves of more than $8000.

Quizplus · Accepted Answer

The Answer of Table 10-2
 
-Refer to the Table 10-2.If the reserve requirement is 10 percent,what is the state of this bank?
A)It can make a new loan of $18 000. 
B)It has less reserves than required. 
C)It has excess reserves of less than $8000. 
D)It has excess reserves of more than $8000.

Table 10-2 -Refer to the Table 10-2.If the Reserve Requirement Is 10