If a Bank Has No Excess Reserves,the Reserve Requirement Is

question 141

Multiple Choice

If a bank has no excess reserves,the reserve requirement is 10%,and it receives a new $2 million deposit,the bank can lend out

• A)$2 million.
• B)$1 million.
• C)$200,000.
• D)$1,800,000.

---

Definitions:

Psychoneuroimmunologists

Scientists who study the interactions between the nervous system, the endocrine system, and the immune system.

HIV

Human Immunodeficiency Virus, a virus that attacks the immune system and can lead to AIDS if not treated.

Alcoholics

Individuals who suffer from alcoholism, a physical and psychological dependence on alcohol that negatively affects their health, relationships, and social functioning.

Automobile Accident

An unexpected event involving motor vehicles that causes damage or injury.