After the Initial Deposit,the Bank Decides to Lend Out the Legally

question 124

Essay

After the initial deposit,the bank decides to lend out the legally maximum amount of funds to borrowers who do business at other banks.If the required reserve ratio is 25 percent,write out the bank's balance sheet and include the entries for required reserves,excess reserves,loans,and deposits.

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Definitions:

Dissenting Opinion

A rephrased definition: An alternative opinion issued by a judge who disagrees with the majority's conclusion in a legal case.

Judge

An official appointed to decide cases in a court of law and to administer justice according to the law.

Majority

More than half of a given group or quantity; often used to describe the age at which a person is legally acknowledged as an adult.

Concurring Opinion

An additional written opinion by a judge who agrees with the decision of the court but for different reasons than those expressed in the majority opinion.