A Bank That Has Assets of $85 Billion and a Net

question 106

Multiple Choice

A bank that has assets of $85 billion and a net worth of $10 billion must have

• A) liabilities of $75 billion.
• B) excess reserves of $10 billion.
• C) liabilities of $10 billion.
• D) excess reserves of $75 billion.

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Definitions:

External Environment

The external forces, including economic, political, social, technological, and legal factors, that can influence an organization's activities and performance.

Human Resource Planning

The strategic approach to forecasting, planning, and meeting the current and future human capital needs of an organization.

Declining Farm Prices

A situation where the market prices for agricultural products decrease over time, often leading to economic strain for farmers and the agricultural community.