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EllieIx88 EllieIx88
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5 years ago
In September 2008, Regions Bank has $89 million in M1 deposits, $3 million in reserves and $81 million in loans. Regions Bank's desired reserve ratio is
A) 3.4 percent.
B) 3.7 percent.
C) 91 percent.
D) 29.67 percent.
Textbook 
Macroeconomics

Macroeconomics


Edition: 12th
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chrism004ccchrism004cc
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#1
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5 years ago
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