If a Bank Has Zero Excess Reserves,the Required Reserve Ratio

question 35

Multiple Choice

If a bank has zero excess reserves,the required reserve ratio is 20 percent,and a check for $100,000 is deposited in Bank ABC,excess reserves for Bank ABC now equal

• A)0)
• B)$20,000.
• C)$80,000.
• D)$100,000.

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Definitions:

Functional Budget

A financial plan that allocates funds based on the specific functions or activities of an organization.

Program

A planned series of activities aimed at achieving specific goals or outcomes.

Social Indicators

Statistical data and metrics that are used to measure and evaluate the welfare and quality of life within a society, covering aspects such as health, education, employment, and the environment.

Needs Assessment

A systematic process for identifying and analyzing the needs of a population or organization to determine gaps between current conditions and desired states.