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ujesssss ujesssss
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5 years ago

Question 1.

Acropolis Bank has $600 million in deposits. The required reserve ratio is 25%. Acropolis Bank must keep ________ in reserves.



▸ $125 million

▸ $150 million

▸ $240 million

▸ $250 million

Question 2.

Bank of Roseland has $700 million in deposits. The required reserve ratio is 15%. Bank of Roseland must keep ________ in reserves.



▸ $55 million

▸ $85 million

▸ $105 million

▸ $140 million
Textbook 
Principles of Economics

Principles of Economics


Edition: 12th
Authors:
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jzhu11jzhu11
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ujesssss Author
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#2
5 years ago
Thank you, thank you, thank you!
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