Use the Following to Answer Questions

question 374

Multiple Choice

Use the following to answer questions:
Table: Balance Sheet
-(Table: Balance Sheet) Look at the table Balance Sheet. If the reserve ratio is 25%, loans are:

• A)$5,000.
• B)$15,000.
• C)$60,000.
• D)$80,000.

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Definitions:

Food Stamps

A government assistance program that provides low-income individuals and families with a means to purchase food.

Temporary Aid

Financial or material assistance provided on a short-term basis to support individuals in times of crisis or immediate need.

Medicare

A federal health insurance program in the United States primarily for people age 65 and older, but also available for certain younger people with disabilities.

Means-Tested

A method of determining eligibility for certain types of financial aid, benefits, or services based on the individual's or family's income and assets.