A Banking System Has $900 Billion in Deposits and $20

question 49

Multiple Choice

A banking system has $900 billion in deposits and $20 billion in excess reserves. The reserve requirement is 10%. How much does the banking system have in total reserves?

• A) $110 billion
• B) $90 billion
• C) $22 billion
• D) $2 billion

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Definitions:

pH

A scale used to specify how acidic or basic a water-based solution is, where 7 is neutral, lower values are more acidic, and higher values are more alkaline.

Respiratory Rate

The number of breaths taken per minute, a vital sign used to assess overall health and respiratory function.

Carbon Dioxide

A greenhouse gas that is a byproduct of cellular respiration and fossil fuel combustion, contributing to the greenhouse effect and global warming.

Respiratory Tree

Refers to the branching system of airways in the human body, including the trachea, bronchi, and bronchioles, through which air travels during respiration.