Table 13.1 XYZ Bank Balance Sheet

question 95

Multiple Choice

Table 13.1 XYZ Bank Balance Sheet
Refer to Table 13.1.With a required reserve ratio of 12 percent,XYZ Bank would have excess reserves of

• A)$100,000.
• B)$48,000.
• C)$52,000.
• D)$12,000.

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