Given the Following Information About AAA Bank

question 84

Multiple Choice

Given the following information about AAA bank:
Bank Deposits $200,000
Loans 100,000
Required Reserves 40,000
Excess Reserves 60,000
What is the reserve ratio?

• A) 50 percent
• B) 40 percent
• C) 20 percent
• D) 10 percent

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Definitions:

Cylinder

A geometric solid that is bounded by a circular base, a congruent parallel top, and a curved surface that connects the two circles.

Mutator Method

A method designed to set or modify the value of an object's instance variable, often referred to as a setter.

Scanner Object

A Scanner object in Java is used to read input from various sources, including user input from the console.

Console.nextDouble

A method used in Java to read the next floating-point number input from the console.