Suppose a Bank Has $1,500,000 in Deposits,a Minimum Reserve Requirement

question 136

Multiple Choice

Suppose a bank has $1,500,000 in deposits,a minimum reserve requirement of 20 percent,and total reserves of $350,000.Then the bank has excess reserves of:

• A) $1,850,000
• B) $350,000
• C) $300,000
• D) $50,000

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Definitions:

Early Adulthood

A period in human development that typically ranges from late teens or early twenties to the thirties, characterized by exploration and establishing life goals.

Elderly

The elderly category refers to individuals typically aged 65 and above, characterized by various biological, psychological, and social changes.

Emotional Arousal

A state of heightened physiological activity and emotional intensity that can enhance memory, perception, and problem-solving skills.

Aggressive Action

Behaviors intended to harm or injure another being, be it physically or psychologically.