Table 11-2

question 389

Multiple Choice

Table 11-2. An economy starts with $10,000 in currency. All of this currency is deposited into a single bank, and the bank then makes loans totaling $9,250. The T-account of the bank is shown below.

-Refer to Table 11-2. The bank's reserve ratio is

• A) 7.50 percent.
• B) 8.12 percent.
• C) 92.50 percent.
• D) 100 percent.

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Definitions:

Performance Expectation

The standards and goals set for employees or teams which outline what is expected from them in terms of their work performance.

Symbolic

Representing something else by association, resemblance, or convention, especially a material object representing something abstract.

Experiential Attributes

Characteristics of a product or service that can only be assessed after direct experience or consumption, such as taste or satisfaction.