The ?Gures in the Table Are for a Single Commercial

question 20

Multiple Choice

$$\begin{array} { | l | r | l | l | } \hline & & \text { Assets } & \text { Liabilities and Net Worth } \\\hline \text { Stock Shares } & \$ 400 & & \\\hline \text { Reserves } & 40 & & \\\hline \text { Property } & 300 & & \\\hline \text { Securities } & 160 & & \\\hline \text { Loans } & 80 & & \\\hline \text { Demand Deposits } & 180 & & \\\hline\end{array}$$ The ?gures in the table are for a single commercial bank, Bank A. All ?gures are in thousands of dollars. If the reserve ratio is 10 percent and a check for $10,000 is drawn and cleared in favor of Bank B, then Bank A will end
Up with excess reserves of

• A) $8,000.
• B) $12,000.
• C) $13,000.
• D) $18,000.

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Definitions:

Driving

The act of operating and controlling a vehicle, such as a car or a motorcycle, on roads.

Radiation Exposure

The act of being exposed to ionizing or non-ionizing radiation which can occur naturally or through human activities.

X-Rays

A form of electromagnetic radiation used in medical imaging to create images of the inside of the body.

Tobacco Use

The act of consuming tobacco products, including smoking cigarettes, cigars, or using smokeless tobacco.