If a Bank Has Excess Reserves of $10,000 and Demand

question 53

Multiple Choice

If a bank has excess reserves of $10,000 and demand deposit liabilities of $80,000,and if the reserve requirement is 20 percent,then the bank has actual reserves of

• A)$16,000.
• B)$20,000.
• C)$26,000.
• D)$36,000.

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Definitions:

Rectangular Array

A collection of elements or values arranged in rows and columns, forming a rectangle shape, used in programming and mathematics.

Sequencer Load Instruction

A PLC instruction that loads a sequence of steps or operations to be executed, typically used in sequence control applications.

Data Block

A collection of logically related data items stored together in computer memory or data storage.

BSL Executes

This may refer to a bootloader or a specific mode in which basic system-level commands are executed, often for purposes like firmware updates or lower-level system interactions.