A Bank Which Has Liabilities of $150 Billion and a Net

question 83

Multiple Choice

A bank which has liabilities of $150 billion and a net worth of $20 billion must have:

• A)excess reserves of $130 billion.
• B)assets of $150 billion.
• C)excess reserves of $150 billion.
• D)assets of $170 billion.

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Definitions:

Dematerialization

The process of converting physical documents into digital format, reducing the need for paper and streamlining information management.

Smartphones

Mobile phones with advanced computing capabilities and connectivity, functioning as handheld computers.

Microwave Transmission

A wireless system that uses microwaves for high‑volume, long‑distance, point‑to‑point communication.

Satellite Transmission

A wireless transmission system that uses satellites for broadcast communications.