What is the initial impact on reserves of a $2,000 deposit if the reserve ratio is 10%?
a. $200 in excess reserves and $1,800 in required reserves
b. $1,800 in excess reserves and $200 in required reserves
c. $2,00 in excess reserves and zero required reserves
d. zero excess reserves and $2,000 in required reserves
b
Economics
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In the Classical view, inflation is the result of
A) excessive monetary growth. B) speculation. C) government spending. D) natural disasters.
Economics
Which of the following could be expected to shift the aggregate demand curve?
a. An increase in government spending. b. Consumption spending decreases. c. Net exports fall. d. All of these.
Economics