Table 29-5 The following information pertains to the Bank of Kingston.

-Refer to Table 29-5. If the Bank of Kingston has lent out all the money it can given its deposits, then what is its reserve ratio?
A)1 percent
B)5 percent
C)10 percent
D)15 percent

Question

Table 29-5 The following information pertains to the Bank of Kingston.
 
-Refer to Table 29-5. If the Bank of Kingston has lent out all the money it can given its deposits, then what is its reserve ratio?
A)1 percent 
B)5 percent 
C)10 percent 
D)15 percent

Quizplus · Accepted Answer

The Answer of Table 29-5 The following information pertains to the Bank of Kingston.
 
-Refer to Table 29-5. If the Bank of Kingston has lent out all the money it can given its deposits, then what is its reserve ratio?
A)1 percent 
B)5 percent 
C)10 percent 
D)15 percent

Table 29-5 the Following Information Pertains to the Bank of Kingston