Refer to the Information Provided in Table 25

question 326

Multiple Choice

Refer to the information provided in Table 25.4 below to answer the question(s) that follow.
Table 25.4
-Refer to Table 25.4. If the required reserve ratio is 15%, First Charter Bank

• A) is loaned up.
• B) has too few reserves on hand.
• C) is meeting its required reserve ratio and has $200,000 in excess reserves.
• D) has excess reserves of $100,000.

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