Table 10-2
-Refer to the Table 10-2.If the reserve requirement is 12 percent,what is the state of this bank?
A) It can make a new loan of $17,500.
B) It has less reserves than required.
C) It has excess reserves of less than $5000.
D) It has excess reserves of more than $5000.

Question

Table 10-2 
-Refer to the Table 10-2.If the reserve requirement is 12 percent,what is the state of this bank?
A) It can make a new loan of $17,500. 
B) It has less reserves than required. 
C) It has excess reserves of less than $5000. 
D) It has excess reserves of more than $5000.

Quizplus · Accepted Answer

The Answer of Table 10-2 
-Refer to the Table 10-2.If the reserve requirement is 12 percent,what is the state of this bank?
A) It can make a new loan of $17,500. 
B) It has less reserves than required. 
C) It has excess reserves of less than $5000. 
D) It has excess reserves of more than $5000.

Table 10-2 -Refer to the Table 10-2.If the Reserve Requirement Is 12