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Author Question: Among the assets of commercial banks are excess reserves. (Read 103 times)

rosent76

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Question 1

If a bank has $32 million in deposits and the required reserve ratio is 4 percent, the bank's required reserves equal $0.8 million.


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Question 2

Among the assets of commercial banks are excess reserves.


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Marked as best answer by rosent76 on Apr 19, 2019

raili21

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rosent76

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Reply 2 on: Apr 19, 2019
Wow, this really help


raenoj

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

 

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