XYZ Bank Has Total Time Deposits of $100 Million

question 194

Multiple Choice

XYZ Bank has total time deposits of $100 million. The Federal Reserve requires this bank to maintain 10 percent of its deposits. In this situation, the bank must maintain

• A) $0.
• B) $1,200,000.
• C) $10,000,000.
• D) $24,000,000.
• E) $100,000,000.

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Definitions:

Immobile

Incapable of moving or being moved.

Moderate-intensity

A level of physical activity or exercise that raises the heart rate and induces sweating while allowing an individual to maintain a conversation.

Muscle Tone

The continuous and passive partial contraction of the muscles, or the muscle's resistance to passive stretch during resting state.

Physical Activity

Physical activity encompasses any bodily movement produced by skeletal muscles that requires energy expenditure, including activities undertaken while working, playing, traveling, and engaging in recreational pursuits.