The Manager of the Bank Where You Work Tells You

question 62

Multiple Choice

The manager of the bank where you work tells you that your bank has $10 million in excess reserves.She also tells you that the bank has $400 million in deposits and $375 million dollars in loans.Given this information you find that the reserve requirement must be

• A)10/400.
• B)25/400.
• C)35/400.
• D)15/400.

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Definitions:

Environment

The surrounding or conditions in which a person, animal, or plant lives or operates.

Muscular Development

The process of growth and strengthening of muscle fibers through physical activity and nutrition.

Physical Development

The biological growth and changes in the human body over time, including motor skills, muscle and bone growth, and the maturation of organ systems.

Growth

The process of increasing in physical size, often measured through parameters like height, weight, and strength.