Suppose a bank has $200,000 in deposits and a minimum reserve requirement of 15 percent.Then required reserves are:

Name: Suppose a bank has $200,000 in deposits and a minimum reserve requirement of 15 percent.Then required reserves are:
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The required reserves are calculated by multiplying the deposits by the reserve requirement ratio: $200,000 x 0.15 = $30,000. Therefore, the best choice is B as it represents the correct amount of required reserves.

Suppose a Bank Has $200,000 in Deposits and a Minimum