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Author Question: Excess reserves equal total reserves plus required reserves. a. True b. False Indicate whether ... (Read 212 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

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

Missbam101

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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