|
Title: If the required reserve ratio is 10 percent, currency in circulation is $1,200 billion, checkable de Post by: valputin on Nov 28, 2015 If the required reserve ratio is 10 percent, currency in circulation is $1,200 billion, checkable deposits are $1,600 billion, and excess reserves total $2,500 billion, then the excess reserves-checkable deposit ratio is
A) 0.72. B) 1.56. C) 0.48. D) 0.56. Title: Re: If the required reserve ratio is 10 percent, currency in circulation is $1,200 billion, checkabl Post by: Meela on Dec 6, 2015 Content hidden
Title: Re: If the required reserve ratio is 10 percent, currency in circulation is $1,200 billion, checkable de Post by: valputin on Dec 14, 2015 This is great!
Title: Re: If the required reserve ratio is 10 percent, currency in circulation is $1,200 billion, checkable de Post by: Meela on Dec 14, 2015 @valputin,
Happy to help :) |