What are desired reserves of a bank a certain percentage of?
A) their deposits
B) their cash on hand
C) their loans
D) their total assets
Correct Answer:
Verified
Q39: What effect would an increase in demand
Q40: What currency does M2 include?
A)currency outside chartered
Q41: What does fractional reserve banking take its
Q42: Which of the following statements about a
Q43: If the desired reserve ratio is 15
Q45: If a bank had demand deposits of
Q46: If a bank had demand deposits of
Q47: What is an important effect of fractional
Q48: Are Canadian treasury bills held by individuals
Q49: Can bankers create money?
A)No, they do not
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