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Title: Assuming a required reserve ratio of 5%, interest rate on reserves of 1%, and interest rate on loans ...
Post by: emoji on May 7, 2018
Assuming a required reserve ratio of 5%, interest rate on reserves of 1%, and interest rate on loans of 6%, what is the effective cost of the reserve requirement on a $10,000 deposit?
A) 0.05%
B) 0.25%
C) 0.30%
D) 1%


Title: Re: Assuming a required reserve ratio of 5%, interest rate on reserves of 1%, and interest rate on ...
Post by: pepebilly on May 7, 2018
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