Bank West's Balance Sheet

question 126

Multiple Choice

Bank West's Balance Sheet
Assets Liabilities
Cash $500 Deposits $20 000
Deposits at Bank of Canada $700 Capital $1 000
Loans and Mortgages $19 800 $21 000
$21 000
TABLE 26-3
-Refer to Table 26-3.If Bank West receives a new deposit of $1500,its actual reserve ratio immediately becomes

• A)6%.
• B)7.5%.
• C)10%.
• D)12.6%.
• E)33.3%.

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Definitions:

Hyundai Motor America

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Individuals or entities that own vehicles manufactured by Hyundai, a South Korea-based automotive company.

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A business approach aiming to target a particular market segment by offering unique features that stand out from competitors.