Suppose That You Deposit $2,000 in Your Bank and the Required

question 225

Multiple Choice

Suppose that you deposit $2,000 in your bank and the required reserve ratio is 10 percent.The maximum loan your bank can made as a direct result of your deposit is

• A)$200.
• B)$1,800.
• C)$2,000.
• D)$20,000.

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Definitions:

Subphylum Urochordata

A subphylum of chordates that includes marine animals known as tunicates or sea squirts, having a notochord only during their larval stage.

Phylum Echinodermata

A group of marine animals characterized by radially symmetrical body plans, a water vascular system, and a calcified skin, including stars, sea urchins, and cucumbers.

Phylum Chordata

The Phylum Chordata encompasses animals with a notochord, a dorsal nerve cord, pharyngeal slits, and a post-anal tail at some point in their development.

Carnivorous Predators

Organisms that derive their nutrition by consuming other animals. They have adaptations that allow them to capture and digest their prey.