If a bank has $100,000 in checkable deposits, reserves of $20,000 . and no excess reserves, then the required reserve ratio is:
a. 10 percent.
b. 20 percent.
c. 25 percent.
d. 30 percent.
e. 50 percent.
b
You might also like to view...
The extra benefit that results from carrying out one additional unit of an activity is the ________ of the activity.
A. average benefit B. marginal benefit C. economic benefit D. total benefit
Refer to Figure 19-9. According to the graph, is there a surplus or shortage of Saudi Arabian riyal in exchange for U.S
dollars? To maintain the pegged exchange rate, will the Saudi central bank need to buy riyal in exchange for dollars or sell riyal in exchange for dollars? How many riyal will the Saudi central bank need to buy or sell?
Which legal claim comes with voting rights?
A) common stock B) preferred stock C) bond D) reinvestment
If Tom does not tattle, what would Sarah's best response be
a. Hit b. Not hit c. Run d. Hide