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The Table Below Shows Data in Millions) for Sun Trust

question 353

Multiple Choice

The table below shows data in millions) for Sun Trust Banks in September 2007 and September 2008. Suppose that the required reserve ratio is 3 percent.
20072008 Loans $83$78 Reserves $4$5 Deposits $114$95\begin{array} { | c | c | c | } \hline & 2007 & 2008 \\\hline \text { Loans } & \$ 83 & \$ 78 \\\hline \text { Reserves } & \$ 4 & \$ 5 \\\hline \text { Deposits } & \$ 114 & \$ 95 \\\hline\end{array}
The data show that Sun Trust make more loans in 2007 and make more loans in 2008.


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