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Table 29-8 -Refer to Table 29-8. the Required Reserve Ratio Is 12

Question 52

Multiple Choice

Table 29-8 Table 29-8 -Refer to Table 29-8. The required reserve ratio is 12 percent. Which of the following is true? A) This banks reserve ratio is 12 percent. Its excess reserves are $0. B) This banks reserve ratio is 13.3 percent. Its excess reserves are $120. C) This banks reserve ratio is 15 percent. Its excess reserves are $240. D) This banks reserve ratio is 10 percent. Its excess reserves are $300.
-Refer to Table 29-8. The required reserve ratio is 12 percent. Which of the following is true?


A) This banks reserve ratio is 12 percent. Its excess reserves are $0.
B) This banks reserve ratio is 13.3 percent. Its excess reserves are $120.
C) This banks reserve ratio is 15 percent. Its excess reserves are $240.
D) This banks reserve ratio is 10 percent. Its excess reserves are $300.

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