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