For a Bank to Have Lending Power, Its Required Reserves

question 94

Multiple Choice

For a bank to have lending power, its required reserves must:

• A)be smaller than its legal reserves.
• B)exceed its legal reserves.
• C)be smaller than its excess reserves.
• D)exceed its excess reserves.
• E)exceed its vault cash.

---

Definitions:

Check Box Control

A GUI (Graphical User Interface) element that allows users to select or deselect an option, often seen as a small box that can be checked or unchecked.

Size Option

A selectable choice that allows users to specify or alter the dimensions, scale, or extent of an item, object, or display setting.

Height And Width

Dimensions that describe the size of an object or area, typically measured in units like inches, centimeters, pixels, etc.

Text Box

A container in documents or software where text can be entered or displayed.