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Title: If the required reserve ratio is 10 percent, currency in circulation is $400 billion, checkable depo Post by: valputin on Nov 28, 2015 If the required reserve ratio is 10 percent, currency in circulation is $400 billion, checkable deposits are $800 billion, and excess reserves total $0.8 billion, then the excess reserves-checkable deposit ratio is
A) 0.10. B) 0.001. C) 0.01. D) 0.05. Title: Re: If the required reserve ratio is 10 percent, currency in circulation is $400 billion, checkable Post by: Meela on Dec 6, 2015 Content hidden
Title: Re: If the required reserve ratio is 10 percent, currency in circulation is $400 billion, checkable depo Post by: valputin on Dec 14, 2015 Correct
Title: Re: If the required reserve ratio is 10 percent, currency in circulation is $400 billion, checkable depo Post by: Meela on Dec 14, 2015 :) Good luck with the rest
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