Table 10-3 The Following Information Pertains to the Bank of Edmonton

question 105

Multiple Choice

Table 10-3
The following information pertains to the Bank of Edmonton.

-Refer to the Table 10-3.If the Bank of Canada requires banks to hold 5 percent of deposits as reserves,how much in excess reserves does the Bank of Edmonton now hold?

• A)$5
• B)$25
• C)$50
• D)$55

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Definitions:

Chromosome

A structure within cells that contains genetic information in the form of DNA, essential for the control of cell activities and inheritance.

Trisomy 21

A genetic disorder caused by the presence of an extra 21st chromosome, also known as Down syndrome.

Autosomal Abnormality

A genetic condition caused by a mutation in one of the autosomal (non-sex) chromosomes, affecting both males and females equally.

Edwards Syndrome

A genetic disorder caused by the presence of all or part of an extra 18th chromosome, characterized by developmental delays, intellectual disability, and various physical abnormalities.