If Bank of Mateer Has a Required Reserve Ratio of 40

question 61

Multiple Choice

If Bank of Mateer has a required reserve ratio of 40% and there is $100,000 in deposits,what is the amount of required reserves?

• A) $100,000
• B) $15,000
• C) $40,000
• D) $60,000
• E) $0

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Fair Debt Collection Practices Act

A U.S. statute aimed at promoting fair, accurate, and respectful treatment of consumers by debt collectors, and providing guidelines on how debt can be collected.

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Sherman Act

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