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Other Fields Homework Help Economics Topic started by: Loraine on Jun 22, 2015



Title: If the desired reserve ratio is 15 percent, then for every dollar that is deposited in the bank, the
Post by: Loraine on Jun 22, 2015
If the desired reserve ratio is 15 percent, then for every dollar that is deposited in the bank, the bank will
A) keep 15 cents as reserves.
B) keep 85 cents as reserves.
C) keep 85 cents as reserves and loan 85 cents.
D) loan 15 cents.
E) keep 15 cents as reserves and loan 15 cents.


Title: Re: If the desired reserve ratio is 15 percent, then for every dollar that is deposited in the bank,
Post by: Smoooth on Jul 11, 2015
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Title: Re: If the desired reserve ratio is 15 percent, then for every dollar that is deposited in the bank, the
Post by: Smoooth on Aug 31, 2015
No problemo :-]