Table 21-4. -Refer to Table 21-4.If the Bank Is Holding $4,000 in Is

question 406

Multiple Choice

Table 21-4.

-Refer to Table 21-4.If the bank is holding $4,000 in excess reserves,then the reserve requirement with which it must comply is

• A) 4 percent.
• B) 6 percent.
• C) 12 percent.
• D) 14 percent.