Table 13.2 ABC Bank Balance Sheet

question 123

Multiple Choice

Table 13.2 ABC Bank Balance Sheet
Refer to Table 13.2.With total reserves of $80,000 and a required reserve ratio of 25 percent,ABC Bank could support maximum transactions account balances of

• A)$20,000.
• B)$320,000.
• C)$50,000.
• D)$2,000,000.

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