A bank has $200,000 in deposits and $190,000 in loans. It has loaned out all it can. It has a reserve ratio of
A) 2.5 percent.
B) 5 percent.
C) 9.5 percent.
D) 10 percent.
Correct Answer:
Verified
Q7: A bank loans Kellie's Print Shop $350,000
Q41: If the reserve ratio is 5 percent,then
Q55: If the reserve ratio increased from 10
Q175: The manager of the bank where you
Q177: If the reserve requirement is 10 percent
Q178: If the reserve requirement is 5 percent,
Q179: Suppose the banking system currently has $400
Q182: If the central bank in some country
Q183: If a bank uses $100 of excess
Q185: As the reserve ratio increases, the money
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents