Author Question: If your bank faces a 20 percent required reserve ratio and receives a checkable deposit of 4,000 . ... (Read 75 times)

piesebel · **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.