If a Bank Has Required Reserves of $45 Million,excess Reserves

question 42

Multiple Choice

If a bank has required reserves of $45 million,excess reserves of $12 million,and deposits of $90 million with a required reserve ratio of 50%,how much can the bank lend out?

• A) $12 million
• B) $45 million
• C) $57 million
• D) $102 million
• E) $147 million

---

Definitions:

Formal Shirt

A type of shirt designed for formal occasions, characterized by a structured fit, fine fabrics, and often a button-up front.

Self-esteem

An individual's subjective evaluation of their own worth or value.

Portion-controlled

A dietary approach that involves regulating the amount of food served or consumed, often for weight management or health reasons.

Snack Items

Small portions of food typically consumed between regular meals, often for immediate satisfaction of hunger.