The Table Below Shows Data (In Millions) for Sun Trust

question 32

Multiple Choice

The table below shows data (in millions) for Sun Trust Banks in September 2007 and September 2008. $$\begin{array} { | c | c | c | } \hline & 2007 & 2008 \\\hline \text { Loans } & \$ 83 & \$ 78 \\\hline \text { Reserves } & \$ 4 & \$ 5 \\\hline \text { Deposits } & \$ 114 & \$ 95 \\\hline\end{array}$$
The data show that Sun Trust

• A) increased its reserve ratio to 5.3 percent over the 12 months.
• B) increased its reserve ratio to 6.4 percent over the 12 months.
• C) has fewer excess reserves in 2008.
• D) faced a higher currency drain ratio in 2008.

---

Definitions:

Puritan Settlers

Early English colonists in the American northeast who sought to purify the Church of England and established strict religious communities.

Church Membership

The state of being officially recorded or enrolled as a member of a specific church or religious congregation.

Divine Grace

In Christian theology, the free and unmerited favor of God manifested in the salvation of sinners and the bestowal of blessings, beyond human deserving.

Formal Education

Organized, structured education system provided by schools, colleges, and universities.