Top Posters
Since Sunday
5
a
5
k
5
c
5
B
5
l
5
C
4
s
4
a
4
t
4
i
4
r
4
Home Q & A Board Other Fields Homework Help Business Economics
New Topic  
Tidy Tidy
wrote...
Go to Answer
Posts: 4852
Rep: 38 0
8 years ago
Consider the following T-account for National City Bank:

Assets   Liabilities
Reserves    $10,000   Deposits   $100,000
Loans       $90,000   

If the required reserve ratio is lowered to 8 percent, how much can National City loan out?
A) $10,000
B) $8,000
C) $2,000
D) $0
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
Authors:
Read 263 times
1 Reply
Repeat after me: 'Calm down. Things are gonna be fine. Things are gonna be all great. Just relax.' Wink Face
Replies
Answer verified by a subject expert
SydnieSydnie
wrote...
#1
Top Poster
Posts: 3807
Rep: 458 1
8 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Tidy Author
wrote...

8 years ago
You make an excellent tutor!
kater28
wrote...

Yesterday
Thanks
Jose^2
wrote...

2 hours ago
Thanks
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  1326 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 754
  
 754
  
 10289
Your Opinion
Which 'study break' activity do you find most distracting?
Votes: 741
Previous poll results: What's your favorite coffee beverage?