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Author Question: The Bank of Biscayne has $12 million in deposits and $800,000 in reserves. If the required reserve ... (Read 89 times)

pragya sharda

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on: Apr 19, 2019

Question 1

The Argon Bank has $8 million in deposits and $1,600,000 in reserves. If the required reserve ratio is 20%, excess reserves are equal to


◦ zero.
◦ $80,000.
◦ $320,000.
◦ $640,000.

Question 2

The Bank of Biscayne has $12 million in deposits and $800,000 in reserves. If the required reserve ratio is 5%, excess reserves are equal to


◦ $720,000.
◦ $600,000.
◦ $200,000.
◦ $40,000.
Principles of Economics ¦ Case, Fair, Oster ¦ 12th Edition
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Marked as best answer by pragya sharda on Apr 19, 2019

amynguyen1221

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Reply #1 on: Apr 19, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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pragya sharda

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Reply #2 on: Apr 19, 2019
Excellent


amynguyen1221

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Reply #3 on: Apr 19, 2019
Great! Please up vote :D


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