Suppose the Banking System Currently Has $300 Billion in Reserves,that

question 3

Multiple Choice

Suppose the banking system currently has $300 billion in reserves,that the reserve requirement is 10%,and that $3 billion of the reserves are excess reserves that will not be lent out.What is the value of deposits?

• A)$3,300 billion
• B)$2,970 billion
• C)$2,700 billion
• D)$2,673 billion

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Definitions:

Redeployment

The process of moving employees from one area of the business to another to match the company's workforce with its operational needs.

External Supply

Refers to the availability of resources or inputs, such as labor or materials, from outside an organization that are essential for its operations.

Retraining Employees

Involves updating the skills of employees to keep them efficient in their current jobs or prepare them for new roles within the organization.

Working Conditions

The environment, terms, and circumstances under which employees work.