Assume First Central Bank Has a Desired Reserve Ratio of 15

question 132

Multiple Choice

Assume First Central Bank has a desired reserve ratio of 15 percent;$80,000 in total deposits,loans equal to $60,000,and has $20,000 in actual reserves.First Central can make additional loans totaling

• A)$8,000.
• B)$12,000.
• C)$20,000.
• D)$60,000.
• E)$80,000.

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Definitions:

Discrimination

Unequal treatment of different people based on the groups or categories to which they belong.

Native Americans

Indigenous peoples of the United States, including both Native American tribes and Alaska Natives.

Reservations

Doubts or concerns about a particular matter, or a booking secured in advance for accommodations, travel, and other services.

Discrimination

The unfair or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, sex, or disability.