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sweethink sweethink
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5 years ago
Suppose a bank is exactly meeting its desired reserve ratio of 10 percent and a new deposit of $75,000 is made. Immediately after the deposit is made, the bank's excess reserves equal
A) zero.
B) $7,500.
C) $67,500.
D) It is impossible to determine without additional information.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
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minty_icyminty_icy
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5 years ago
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sweethink Author
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5 years ago
Thank you, thank you, thank you!
momochiime
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This helped my grade so much Perfect
jayfo05
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This calls for a celebration Person Raising Both Hands in Celebration
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