Table 29-9 Metropolis National Bank Is Currently Holding 2% of Its Deposits

question 307

Multiple Choice

Table 29-9
Metropolis National Bank is currently holding 2% of its deposits as excess reserves.
-Refer to Table 29-9. Metropolis National Bank is currently holding 2% of deposits as excess reserves. What is the reserve requirement?

• A)12 percent
• B)10 percent
• C)8 percent
• D)6 percent

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