If checkable deposits in Bank A total $300 million and the required reserve ratio is 10 percent, then required reserves at Bank A equal

A) $3.0 million.
B) $30.0 million.
C) $3.3 million.
D) $300,000

B

Economics

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Refer to Figure 4.2. How many Nash equilibria exist in this game?

A) 0 B) 1 C) 2 D) 3

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The extra cost associated with undertaking an activity is called

A) opportunity cost. B) foregone cost. C) marginal cost. D) net loss.

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