The Bank of Arugula Has $9 Million in Deposits and $900,000

question 101

Multiple Choice

The Bank of Arugula has $9 million in deposits and $900,000 in reserves. If the required reserve ratio is 10%, excess reserves are equal to

• A) $180,000.
• B) $90,000.
• C) $81,000.
• D) zero.

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Definitions:

Milliliters Per Hour

A measure of flow rate indicating how many milliliters of fluid pass in one hour.

Drops Per Minute

A measure of the flow rate of a liquid, often used in medical contexts such as intravenous drips.

Isotonic Solutions

Solutions that have the same osmotic pressure as some other solution, typically body fluids, allowing for the exchange of water without causing cell shrinkage or swelling.

DA Equations

Refers to Dimensional Analysis Equations, a mathematical method used to convert units by multiplying by appropriate conversion factors.