If Checkable Deposits in the First National Bank Total $550

question 29

Multiple Choice

If checkable deposits in the first National Bank total $550 million and the required reserve ratio is 10 percent, then required reserves for first National Bank is

• A)$50 million.
• B)$55 million.
• C)$7 million..
• D)$10 million..

---

Definitions:

Psychoanalyst

A professional who practices psychoanalysis, a method of psychological therapy originated by Sigmund Freud.

Sexually Abused

Refers to unwanted or forced sexual activity by another person, often creating lasting psychological and emotional trauma.

Freud

Austrian neurologist Sigmund Freud originated psychoanalysis, a diagnostic technique for addressing mental disorders through conversation between a psychoanalyst and their patient.

Superego

In psychoanalytic theory, the part of the personality responsible for moral standards and ideals, operating on the morality principle.