Table 132
ABC Bank Balance Sheet Refer to Table 13

question 56

Multiple Choice

$\begin{array}{l|l}\text { Assets }&\text { Liabilities }\\\hline \text { Total reserves }\quad\$80,000&\text { Transactions accounts }\quad\$200,000\\\text { Loans }\quad120,000\end{array}$

Table 13.2
ABC Bank Balance Sheet Refer to Table 13.2.With a required reserve ratio of 10 percent,ABC Bank would have excess reserves of

• A)$20,000.
• B)$40,000.
• C)$60,000.
• D)$140,000.

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