Suppose Bank ABC Has a Target Reserve Ratio of 10

question 47

Multiple Choice

Suppose Bank ABC has a target reserve ratio of 10%.If Bank ABC receives a new deposit of $100 000 it will immediately find itself with

• A)no excess cash reserves.
• B)excess cash reserves of $10 000.
• C)excess cash reserves of $90 000.
• D)excess cash reserves of $100 000.
• E)excess cash reserves equal to 10% of its deposits.

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Definitions:

Offers-applicants Ratio

The ratio of job offers given to the number of applicants, indicating the selectiveness or competitiveness of the hiring process.

Recruitment Strategy

A planned approach of identifying and attracting candidates to fill job vacancies within an organization.

Recruiting Method

Strategies and techniques used by organizations to find, attract, and hire candidates for job positions.

Canadian Armed Forces

The military forces of Canada, consisting of the Canadian Army, Royal Canadian Navy, and Royal Canadian Air Force.