If a bank gets a $100,000 new deposit, chooses to lend out $85,000, and increases its excess reserves by $5,000 at the same time, then the reserve requirement is:
a. 10%

b. 15%.
c. 20%.
d. unable to be determined from the information given.

a

Economics

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Bill and Krista sell potted plants from a roadside stand. The figure above shows Bill and Krista's marginal cost curve and the market price. If Bill and Krista sell 60 plants per week, their producer surplus from the 60th plant will equal

A) $8. B) $480. C) $0. D) $20. E) More information is needed to answer the question.

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If the economy is suffering a recession, inventories are probably falling

a. True b. False Indicate whether the statement is true or false

Economics