Table 10-2 -Refer to the Table 10-2.If the Reserve Requirement Is 10

question 156

Multiple Choice

Table 10-2
-Refer to the Table 10-2.If the reserve requirement is 10 percent and then someone deposits $50,000 into the bank,what is the bank's reserve position?

• A) It will have $75,000 in excess reserves.
• B) It will have $52,500 in excess reserves.
• C) It will need to raise reserves by $5000.
• D) It will have excess reserves of $2500.

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Definitions:

Sex Chromosomes

Chromosomes that determine an individual's biological sex, typically presented as XX for females and XY for males in humans, affecting the development of sexual characteristics.

Adoption

The legal process by which a person becomes the lawful parent of a child who is not their biological offspring, providing the child with a new permanent family.

Personality Traits

Enduring characteristics or qualities that define an individual's patterns of thought, feeling, and behavior.

Genetics

The study of heredity and the variation of inherited characteristics.