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NYC NYC
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8 years ago
The Bank of garland has $1 million in deposits and $500,000 in reserves. If excess reserves are equal to $150,000, the required reserve ratio is:
A) 15%.
B) 65%.
C) 20%.
D) 35%.
Textbook 
Principles of Macroeconomics

Principles of Macroeconomics


Edition: 11th
Authors:
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JesslynJesslyn
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8 years ago
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NYC Author
wrote...
#2
8 years ago
I was thinking the same, thank you
wrote...
#3
3 years ago
Great
wrote...
#4
3 years ago
Thanks
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