If the Desired Reserve Ratio Is 7 Percent and a Bank

question 361

Multiple Choice

If the desired reserve ratio is 7 percent and a bank has $10,000 of deposits,then its desired reserves are

• A)$7.
• B)$700.
• C)$9,300.
• D)$930.
• E)$7,000.

---

Definitions:

Differentiated Marketing Mix

A marketing strategy where a company markets its products or services using different combinations of the four Ps (Product, Price, Place, Promotion) to target specific customer segments.

Mexican Consumers

Refers to the purchasing habits, preferences, and behaviors of consumers located in Mexico.

Government Regulations

Rules established by governments designed to control the way companies and individuals conduct business, protecting the public's interests.

Tailor Products

To customize or modify products to meet specific customer requirements or preferences, enhancing satisfaction and competitive advantage.