If a Bank Has Demand Deposits of $160,000,reserves of $15,000

question 14

Multiple Choice

If a bank has demand deposits of $160,000,reserves of $15,000 and excess reserves of $2,200,then what must its target reserve ratio be?

• A)9.375%.
• B)8%.
• C)1.375%.
• D)6%.

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Definitions:

Treponema Pallidum

A spirochete bacterium that causes syphilis, a sexually transmitted infection.

Venereal Disease

Infections transmitted through sexual contact, also known as sexually transmitted infections (STIs).

Prepuce

The fold of skin that covers the head of the penis or clitoris.

Glans Penis

The expanded distal end of the penis, characterized by a high degree of sensitivity and the location of the urethral opening.