Assume a Bank Has Total Deposits of $100,000 and $20,000

question 6

Multiple Choice

Assume a bank has total deposits of $100,000 and $20,000 is set aside to meet reserve requirements of the Fed. Its required reserve ratio is:

• A) $20,000.
• B) 20 percent.
• C) 0.2 percent.
• D) 1 percent.

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Definitions:

Brand Appeal

Brand appeal refers to the attractiveness or allure of a brand to its target audience, which can influence their perception and loyalty towards the brand.