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Author Question: If a bank has $25 million in deposits and the required reserve ratio is 12 percent, the bank's ... (Read 195 times)

tnt_battle

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Question 1

Banks can hold required reserves either as cash or as deposits at the Fed.


◦ true
◦ false

Question 2

If a bank has $25 million in deposits and the required reserve ratio is 12 percent, the bank's required reserves equal $3 million.


◦ true
◦ false


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Marked as best answer by tnt_battle on Apr 19, 2019

laurnthompson

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