A Bank Has $100,000 in Checkable Deposits and $30,000 in Reserves

question 72

Multiple Choice

A bank has $100,000 in checkable deposits and $30,000 in reserves. If the required reserve ratio is 10%, what is the amount of required reserves?

• A) $0
• B) $10,000
• C) $20,000
• D) $30,000

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Definitions:

Sterile Technique

A set of practices used by healthcare professionals to maintain asepsis and minimize the risk of introducing pathogens during medical procedures.

Sterile Field

An area, usually in a surgical or procedural environment, that is free of all microorganisms to prevent infection during medical procedures.

Carrier

An individual or entity that transports or conveys goods or people from one place to another.

Pathogen

An organism, such as a virus, bacterium, or fungus, that causes disease in its host.