The Accompanying Table Gives Data for a Commercial Bank or |

question 7

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 2, the number appropriate for space X is

• A) $20,000.
• B) $60,000.
• C) $200,000.
• D) $100,000.

---

Definitions:

Baby Geese

Young geese, also known as goslings, are the offspring of adult geese.

Imprinting

A process in which a young animal acquires certain behavioral characteristics from its parent or an object in its environment at a critical period early in life.

Looms Over

Refers to something that is imminent or appears to be hanging as a threat or concern.

Whooping Cranes

A species of large, North American crane famous for its whooping sound and elaborate courtship dances; it is critically endangered.