Which of the Following Is the Formula for a Chartered

question 157

Multiple Choice

Which of the following is the formula for a chartered bank's desired reserve ratio? is calculated by the following formula: DR - desired reserves, BD - Bank's demand, DL - deposit liabilities

• A)Desired reserves/(Bank's demand - Deposit liabilities)
• B)Desired reserves/(Bank's demand + Deposit liabilities)
• C)Bank's demand/(Desired reserves + Deposit liabilities)
• D)Deposit liabilities/(Bank's demand + Desired reserves)

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