Suppose That from a New Checkable Deposit,First National Bank Holds

question 185

Multiple Choice

Suppose that from a new checkable deposit,First National Bank holds eight million dollars on deposit with the Federal Reserve,one million dollars in required reserves,and faces a required reserve ratio of ten percent. Given this information,we can say First National Bank has ________ million dollars in vault cash.

• A)two
• B)eight
• C)nine
• D)ten

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Definitions:

Interpersonal Relationships

Social connections and interactions between individuals, which may vary in depth, duration, and type, including friendships, family bonds, and romantic relationships.

Abortifacients

Substances that induce abortion by inhibiting the viability of a fetus or by stimulating menstrual flow.

Termination

The act of ending or concluding something, such as a job, contract, or relationship.

Pregnancy

The condition of carrying one or more embryos or fetuses within the female body, typically lasting around nine months.