The Accompanying Balance Sheet Is for the First Federal Bank

question 133

Multiple Choice

The accompanying balance sheet is for the First Federal Bank. Assume the required reserve ratio is 20 percent. If the original bank balance sheet was for the whole commercial banking system rather than a single bank, loans
And deposits could have been expanded by a maximum of

• A) $40,000.
• B) $100,000.
• C) $200,000.
• D) $300,000.

---

Definitions:

Repeated Telephone Calls

The act of making multiple consecutive phone calls often to the same recipient, which can range from benign to harassing behavior.

Posing As A Sales Person

This act involves impersonating a salesperson to gain trust or access to individuals or information, often for deceptive purposes.

Euphemistically

pertains to the use of a mild or indirect word or expression to replace one considered too harsh, blunt, or offensive.

Shrinkage

In retail, the loss of inventory due to factors like theft, damage, or error.