The Table Below Shows the Data (In Millions)for Wells Fargo

question 38

Multiple Choice

The table below shows the data (in millions) for Wells Fargo Bank in September 2007 and September 2008. Suppose that the required reserve ratio is 3 percent.

The data show that Wells Fargo

• A) the reserve ratio did not change.
• B) had fewer excess reserves in 2007.
• C) the reserve ratio increased as loans increased.
• D) had fewer excess reserves in 2008.

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Definitions:

Underprivileged Deviance

Behaviors that are labeled as deviant due to the socio-economic status of the individual, often highlighting systemic inequalities.

Highly Profitable

Describes businesses, operations, or activities that generate significant financial returns or gains.

Poor And Powerless

Individuals or groups lacking material wealth and the ability to influence or exert control over their circumstances or environment.

Punished Severely

Subject to harsh or strict penalties or consequences, often in response to a violation of law or rules.