The following table shows the balance sheet of the Bank of Manitoba.
By how much is the Bank of Manitoba over- or under- reserved if the target reserve ratio is as follows:
a)2%
b)5%
c)12%
d)20%

Question

The following table shows the balance sheet of the Bank of Manitoba.
  By how much is the Bank of Manitoba over- or under- reserved if the target reserve ratio is as follows:
a)2%
b)5%
c)12%
d)20%

Quizplus · Accepted Answer

The Answer of The following table shows the balance sheet of the Bank of Manitoba.
  By how much is the Bank of Manitoba over- or under- reserved if the target reserve ratio is as follows:
a)2%
b)5%
c)12%
d)20%

The Following Table Shows the Balance Sheet of the Bank