Solved

If Reserve Requirements Are 3 Percent and Capital Requirements Are

Question 65

Multiple Choice

If reserve requirements are 3 percent and capital requirements are 10 percent, the bank meets:


A) reserve requirements but not capital requirements.
B) neither reserve requirements nor capital requirements.
C) both reserve and capital requirements.
D) capital requirements but not reserve requirements.
E) Not enough information is given.

Correct Answer:

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