If you deposit $300 in your bank and the required reserve ratio is 10%, your bank will have

A) an increase in required reserves of $300.
B) an increase in required reserves of $270.
C) an increase in required reserves of $3000.
D) an increase in required reserves of $30 and an increase in excess reserves of $270.

D

Economics

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If the propensity to hold money is 6 and the money supply is 12, then the classical aggregate demand curve is

a. P = 2Y b. P/Y = 48 c. P = 1/(2Y) d. P = 2/Y

Economics

Draw a graph showing the concept of functional distribution.

What will be an ideal response?

Economics