If a Bank Has Required Reserves of $45,000,000,excess Reserves of $12,000,000,and

question 81

Multiple Choice

If a bank has required reserves of $45,000,000,excess reserves of $12,000,000,and deposits of $90,000,000 with a required reserve ratio of 50 percent,how much can the bank lend out?

• A) $12,000,000
• B) $45,000,000
• C) $57,000,000
• D) $102,000,000
• E) $147,000,000

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