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nguyenduong67 nguyenduong67
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6 years ago
Given the following information about Gotham Bank:
Bank Deposits    $50,000
Loans    34,000
Reserves    12,000
Reserve Requirement    20%

Gotham Bank is holding ________ in excess reserves.
A) $22,000
B) $12,000
C) $2,000
D) -$2,000
Textbook 
Survey of Economics: Principles, Applications and Tools

Survey of Economics: Principles, Applications and Tools


Edition: 6th
Authors:
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trumpetsoflifetrumpetsoflife
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6 years ago
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nguyenduong67 Author
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6 years ago
Correct Slight Smile TY
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Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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2 hours ago
Helped a lot
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