The table below shows data (in millions) for Sun Trust Banks in September 2007 and September 2008. Suppose that the required reserve ratio is 3 percent
2007 2008
Loans $83 $78
Reserves $4 $5
Deposits $114 $95
The data show that Sun Trust ________ make more loans in 2007 and ________ make more loans in 2008.
A) can; can
B) can; cannot
C) cannot; cannot
D) cannot; can
A
Economics
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