-The Above Table Gives the Initial Balance Sheet for Mega

question 333

Multiple Choice

-The above table gives the initial balance sheet for Mega Bank. Barney comes into the bank and deposits $50 of currency into his checking account. The desired reserve ratio is 3 percent. After Barney's deposit, but before any other actions occur, what volume of loans will be made by MegaBank if the bank wants more profit and holds no excess reserves?

• A) $15.00
• B) $33.00
• C) $48.50
• D) $50.00

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Definitions:

Antihypertensive Medication

Drugs prescribed to lower high blood pressure and manage hypertension.

Blood Pressure

The force exerted by circulating blood upon the walls of blood vessels, typically measured to assess heart health and overall cardiovascular function.

Antipyretic

A substance or medication that reduces fever.

Fever

A temporary increase in body temperature, often due to illness or infection.