If a Bank Has $200 Million in Deposits, the Required

question 23

Multiple Choice

If a bank has $200 million in deposits, the required reserve rate is 10 percent and the bank has $23 million in reserves:

• A) the bank is short of required reserves.
• B) the bank has excess reserves of $21 million.
• C) the bank has excess reserves of $13 million.
• D) the bank has excess reserves of $3 million.

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Numeric

Relating to, consisting of, or represented by numbers.

Distributes Files

The process or system used to share or spread digital documents or data across multiple destinations or users.

Vital Signs

Key indicators of a person's health, including temperature, pulse, respiration rate, and blood pressure.

BMI

Body Mass Index, a measurement that compares weight to height to assess if an individual's body weight falls within a healthy range.