The Accompanying Table Gives Data for a Commercial Bank or |

question 229

Multiple Choice

$$\begin{array} { | c | c | c | c | c | } \hline & \text { Reserve Requirement (\%) } & \text { Checkable Deposits } & \text { Actual Reserves } & \text { Excess Reserves } \\\hline ( 1 ) & \underline { W } & \$ 100,000 & \$ 10,000 & \$ 0 \\\hline ( 2 ) & 8 & \underline { X } & 20,000 & 12,000 \\\hline ( 3 ) & 12 & 200,000 & \underline { Y } & 8,000 \\\hline ( 4 ) & 20 & 300,000 & 70,000 & \underline { Z } \\\hline\end{array}$$ The accompanying table gives data for a commercial bank or thrift. In row 3, the number appropriate for space Y is

• A) $24,000.
• B) $32,000.
• C) $48,000.
• D) $96,000.

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Definitions:

Groupthink

In very cohesive groups, the tendency to enforce a high degree of conformity among members, creating a demand for unanimous agreement.

Civic Engagement

Participation in activities that address issues of public concern, aiming to improve conditions through volunteer work, voting, or activism.

Table Tennis

A sport in which two or four players hit a lightweight ball back and forth across a table using small rackets, also known as ping-pong.

Bowling Alone

A metaphor describing the decline in social engagement and community participation in American society, as examined in Robert Putnam's book detailing changes over the latter 20th century.