Table 29-6. -Refer to Table 29-6. If the Fed's Reserve Requirement Is

question 325

Multiple Choice

Table 29-6.
-Refer to Table 29-6. If the Fed's reserve requirement is 5 percent, then what quantity of excess reserves does the Bank of Pleasantville now hold?

• A)$500
• B)$250
• C)$2,000
• D)$3,600

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Definitions:

Ratio

A quantitative relationship between two numbers, showing how many times the first number contains the second.

Ratio

A quantitative relationship between two numbers indicating how many times one value contains or is contained within the other.

Ratio

An association between two values demonstrating the number of times the initial value encompasses the second.

Ratio

A relationship between two numbers indicating how many times the first number contains or is contained within the second.