× Didn't find what you were looking for? Ask a question
Top Posters
Since Sunday
New Topic  
valputin valputin
wrote...
Posts: 5754
Rep: 3 0
8 years ago
A bank has no excess reserves and demand deposit liabilities of $100,000 when the required reserve ratio is 20 percent. If the reserve ratio is raised to 25 percent, the bank's excess reserves will now be
A) -$5,000.
B) -$1,000.
C) $1,000.
D) $5,000.
Textbook 
The Economics of Money, Banking and Financial Markets, Business School Edition

The Economics of Money, Banking and Financial Markets, Business School Edition


Edition: 4th
Author:
Read 107 times
2 Replies
Our course uses > The Economics of Money, Banking and Financial Markets

Related Topics

Replies
wrote...
8 years ago
A
valputin Author
wrote...
8 years ago
Thank you
Our course uses > The Economics of Money, Banking and Financial Markets
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1243 People Browsing
Related Images
  
 311
  
 11849
  
 277
Your Opinion
Which industry do you think artificial intelligence (AI) will impact the most?
Votes: 352

Previous poll results: How often do you eat-out per week?