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Home Q & A Board Other Fields Homework Help Business Economics
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nguyenduong67 nguyenduong67
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7 years ago
Given the following information about AAA bank:
Bank Deposits   $50,000
Loans   25,000
Required Reserves   15,000
Excess Reserves   10,000

What is the reserve ratio?
A) 50%
B) 30%
C) 20%
D) 15%
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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Lightman030Lightman030
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7 years ago
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nguyenduong67 Author
wrote...

7 years ago
Good timing, thanks!
annabananerz
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
momochiime
wrote...

2 hours ago
Thanks for your help!!
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