The Manager of the Bank Where You Work Tells You

question 31

Multiple Choice

The manager of the bank where you work tells you that your bank has $6 million in excess reserves.She also tells you that the bank has $400 million in deposits and $362 million dollars in loans.Given this information you find that the reserve requirement must be

• A)44/400.
• B)6/362.
• C)38/400.
• D)32/400.

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Definitions:

Alternative Outcomes

Different possible results or consequences that may arise from a given action or decision.

Alternative Partners

Different partners or counterparts considered in a business, negotiation, or relationship scenario.

Game Theory Matrix

A table used in game theory that shows the payoffs for each player for every possible combination of actions.

Collusion

An agreement, usually secretive, between two or more parties to limit competition and manipulate market conditions in their favor.