If a bank previously had zero excess reserves and receives a deposit of $100 and the required reserve ratio is .2, then

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

If a bank previously had zero excess reserves and receives a deposit of $100 and the required reserve ratio is .2, then

Post by answerhappygod »

If A Bank Previously Had Zero Excess Reserves And Receives A Deposit Of 100 And The Required Reserve Ratio Is 2 Then 1
If A Bank Previously Had Zero Excess Reserves And Receives A Deposit Of 100 And The Required Reserve Ratio Is 2 Then 1 (11.16 KiB) Viewed 10 times
If a bank previously had zero excess reserves and receives a deposit of $100 and the required reserve ratio is .2, then the maximum amount of this $100 that the bank can lend is OA. $20 OB. $80 O C. $90 OD. $100
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply