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.
$$\begin{array} { | c | c | c | } \hline & 2007 & 2008 \\\hline \text { Loans } & \$ 83 & \$ 78 \\\hline \text { Reserves } & \$ 4 & \$ 5 \\\hline \text { Deposits } & \$ 114 & \$ 95 \\\hline\end{array}$$
The data show that Sun Trust make more loans in 2007 and make more loans in 2008.

• A) cannot; cannot.
• B) cannot; can.
• C) can; cannot.
• D) can; can.

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Definitions:

Ozone

A molecule composed of three oxygen atoms, known for its protective layer in the Earth's stratosphere against harmful ultraviolet radiation.

Acid Rain

Precipitation whose acidity destroys forests and the ecosystems of lakes. It is formed by sulfur dioxide and other gases emitted by coal-burning power plants, pulp and paper mills, and motor-vehicle exhaust.

Precipitation

Any form of water, such as rain, snow, sleet, or hail, that falls from the atmosphere to the Earth's surface.

Genetic Pollution

The uncontrolled spread of genetic information, often as a result of human activities, leading to unwanted alterations in populations or species.