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Author Question: Excess reserves equal total reserves plus required reserves. a. True b. False Indicate whether ... (Read 208 times)

codyclark

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on: Jun 30, 2018
Excess reserves equal total reserves plus required reserves.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

The required reserve ratio is required reserves stated as a percentage of checkable deposits.
 a. True
  b. False
  Indicate whether the statement is true or false


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janeli1

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Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

True


codyclark

  • Member
  • Posts: 538
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

epscape

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  • Posts: 335
Reply 3 on: Yesterday
Excellent

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