If First Interstate Bankcorp Has Demand Deposits of $8 Billion,actual

question 66

Multiple Choice

If First Interstate Bankcorp has demand deposits of $8 billion,actual reserves of $1.4 billion,and the reserve requirement is 15%,the bank's excess reserves are

• A)$100 million.
• B)$200 million.
• C)$400 million.
• D)$800 million.
• E)1 billion.

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Definitions:

Cognitive Shape

The configuration or organization of an individual's mental abilities, including their perception, memory, and problem-solving skills.

Taste Sensitivity

The ability to detect and differentiate the flavors and tastes of different substances, which varies among individuals and can change over time.

Taste Buds

Sensory organs located on the tongue that are primarily responsible for detecting the five established taste sensations: sweet, sour, salty, bitter, and umami.

Loss of Smell

The inability or decreased ability to perceive odors, also known as anosmia.