Refer to the Information Provided in Table 10

question 255

Multiple Choice

Refer to the information provided in Table 10.8 below to answer the questions that follow.
Table 10.8
-Refer to Table 10.8. If the required reserve ratio is 20%, Alamo Bank

• A) is loaned up.
• B) has too few reserves on hand.
• C) is meeting its required reserve ratio and has no excess reserves.
• D) has unloaned excess reserves of $100,000.