The Bank of garland has $1 million in deposits and $500,000 in reserves. If excess reserves are equa

NYC

wrote...

Go to Answer

Posts: 4146

Rep:

8 years ago

The Bank of garland has $1 million in deposits and $500,000 in reserves. If excess reserves are equa

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

Edition: 11^th

Authors: Case, Fair, Oster

Read 389 times

4 Replies

Report

Replies

Answer verified by a subject expert

Jesslyn

wrote...

Related Topics

NYC Author

wrote...

8 years ago

I was thinking the same, thank you

Report

Dilnaz I.

wrote...

3 years ago

Great

Report

Judith O.

wrote...

3 years ago

Thanks

Report

New Topic

Quick Reply

Explore

Post your homework questions and get free online help from our incredible volunteers

1994 People Browsing

Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook

Related Images

273

1128

1682

Your Opinion

Previous poll results: Who will win the 2024 president election?

The Toxic Skin and Fungi Defense

It's sore throat season, why does my mucus have red spots?

Strange Ingredients Lurking in Doritos Chips

Bonobos, Chimpanzees, and the 98% DNA Link

Courses by Biology Forums

Ready to ask a question on Biology Forums? Try it out

Home Search Q & A Board Gallery Resource Library Blog Dictionary Chat	Quick Links Start a Topic Latest Topics Unanswered Questions Courses Study Tools Browse by Textbook	Social Facebook YouTube Community Stats Who's Online Trending Staff	Help About Us Take the Tour Study Tips Posting Guidelines Terms and Policies Contact Us
Biology Forums - Study Force © 2010-2024 \| Powered by SMF \| SMF © 2015, Simple Machines \| Sitemap Biology-Forums.com is not affiliated with any publisher. Book covers, title and author names appear for reference only.