Econobank Has the Following Required Reserve Requirements If Econobank Has $68

question 17

Multiple Choice

Econobank has the following required reserve requirements $$\begin{array} { | l | c | } \hline \text { Trarnaction Accounts } & \text { Requirement } \\\hline \$ 0 \text { to } \$ 12.4 & 0 \% \\\hline \text { More than } \$ 12.4 \text { million to } \$ 79.5 \text { million } & 3 \% \\\hline \text { More than } \$ 79.5 \text { million } & 10 \% \\\hline\end{array}$$ If Econobank has $68.5 million in checking deposits what is the amount of required reserves?

• A)$1.683 million
• B)$2.055 million
• C)$6.85 million
• D)$68.million

Recognize the importance of setting long-term career goals and strategies to achieve them.

Understand and articulate the emotional and practical responses to job interview rejections.

Identify and explain the key behaviors and strategies for success in group interviews.

Develop and describe a comprehensive long-term career strategy.

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Definitions:

Neuroectoderm

The embryonic portion that develops into the nervous system and skin.

Mesoderm

In the early development phase of an embryo, the central layer that is the precursor to the formation of the muscular system, skeletal structure, and circulatory network.

Endoderm

The deepest layer of tissue or cells in an embryo during its initial stages of development, responsible for forming the digestive and respiratory system linings.

Extracellular Matrix

Nonliving chemical substances located between connective tissue cells.