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Author Question: If your bank faces a 20 percent required reserve ratio and receives a checkable deposit of 4,000 . ... (Read 61 times)

piesebel

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on: Jun 30, 2018
If your bank faces a 20 percent required reserve ratio and receives a checkable deposit of 4,000 . it can make additional loans worth a maximum of:
 a. 800.
  b. 3,200.
  c. 4,000.
  d. 16,000.
  e. 20,000.

Question 2

A nation's infrastructure includes all of the following except its:
 a. market system.
  b. educational system.
  c. energy system.
  d. railroad system.
  e. religious system.


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Jane

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

b

Answer to Question 2

e


piesebel

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Reply 2 on: Jun 30, 2018
Excellent

hollysheppard095

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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