Refer to the information provided in Table 25.4 below to answer the question(s) that follow.Table 25.4
Refer to Table 25.4. If the required reserve ratio is 15%, First Charter Bank
A. is loaned up.
B. has excess reserves of $100,000.
C. is meeting its required reserve ratio and has $200,000 in excess reserves.
D. has too few reserves on hand.
Answer: A
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