Table 29-8 -Refer to Table 29-8. the Required Reserve Ratio Is 12

question 52

Multiple Choice

Table 29-8
-Refer to Table 29-8. The required reserve ratio is 12 percent. Which of the following is true?

• A)This banks reserve ratio is 12 percent. Its excess reserves are $0.
• B)This banks reserve ratio is 13.3 percent. Its excess reserves are $120.
• C)This banks reserve ratio is 15 percent. Its excess reserves are $240.
• D)This banks reserve ratio is 10 percent. Its excess reserves are $300.

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Definitions:

Digestive Tract

A continuous, hollow passage starting from the mouth to the anus through which food is ingested, digested, absorbed, and waste material expelled.

Blood Vessels

Blood vessels are tubular structures in the circulatory system that transport blood throughout the body, including arteries, veins, and capillaries.

Exocrine Glands

Glands that release their secretions through ducts to an external or internal surface, not directly into the bloodstream.

Goblet Cells

Unicellular glands that secrete mucus