Given the Following Information About AAA Bank

question 5

Multiple Choice

Given the following information about AAA bank:
Bank Deposits $50,000
Loans 25,000
Required Reserves 15,000
Excess Reserves 10,000
What is the reserve ratio?

• A) 50 percent
• B) 30 percent
• C) 20 percent
• D) 15 percent

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Definitions:

Good Life

A concept in philosophy and ethics referring to a fulfilling, meaningful, and morally virtuous life, often associated with happiness, well-being, and flourishing.

Society

A group of individuals living together in a more or less ordered community with shared laws, traditions, and values.

Karl Marx

A 19th-century philosopher, economist, and revolutionary, who developed the theory of Marxism, emphasizing the roles of class struggle, economic exploitation, and historical development in capitalism.

Alienated

The feeling of being estranged or disconnected from others, society, or oneself, often resulting in isolation and a loss of identity or meaning.