The table given below shows the assets and liabilities of the National Bank.Assume that this is the only bank in the economy. Table 13.2
Refer to Table 13.2.If the reserve requirement is 10 percent, calculate the maximum amount of loanable funds available with the bank.
A)$1, 605
B)$1, 180
C)$545
D)$5, 450
E)$2, 150

Question

The table given below shows the assets and liabilities of the National Bank.Assume that this is the only bank in the economy. Table 13.2
 Refer to Table 13.2.If the reserve requirement is 10 percent, calculate the maximum amount of loanable funds available with the bank.
A)$1, 605 
B)$1, 180 
C)$545 
D)$5, 450 
E)$2, 150

Quizplus · Accepted Answer

The Answer of The table given below shows the assets and liabilities of the National Bank.Assume that this is the only bank in the economy. Table 13.2
 Refer to Table 13.2.If the reserve requirement is 10 percent, calculate the maximum amount of loanable funds available with the bank.
A)$1, 605 
B)$1, 180 
C)$545 
D)$5, 450 
E)$2, 150

The Table Given Below Shows the Assets and Liabilities of the National