Table 11-5. -Refer to Table 11-5. If the Fed's Reserve Requirement Is

question 295

Multiple Choice

Table 11-5.

-Refer to Table 11-5. If the Fed's reserve requirement is 9 percent, then what quantity of excess reserves does the Bank of Pleasantville now hold?

• A) $200
• B) $250
• C) $400
• D) $1,000