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Author Question: Crescent City Bank has $200 million in deposits. Crescent City Bank is meeting its reserve ... (Read 119 times)

Bob-Dole

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Question 1

Refer to the information provided in Table 25.3 below to answer the question(s) that follow.












Refer to Table 25.3. Total loans of People's Bank equal $________.


◦ 100,000
◦ 400,000
◦ 500,000
◦ 800,000

Question 2

Crescent City Bank has $200 million in deposits. Crescent City Bank is meeting its reserve requirement and has no excess reserves. It has $40 million in reserves. Crescent City Bank faces a required reserve ratio of


◦ 4%.
◦ 5%.
◦ 20%.
◦ 25%.


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Marked as best answer by Bob-Dole on Apr 19, 2019

yasmina

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