Imagine that Odyssey National is a brand new bank, and that its required reserve ratio is 10 percent. If it accepts a $1,000 deposit, then its required reserves balance will be:

a. $0.
b. $90.
c. $100.
d. $900.
e. $910

c

Economics

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What does the deadweight loss from monopoly measure?

What will be an ideal response?

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Upon acquiring a complement the inter-relatedness of demand leads to, MR________

a. Rising b. Falling c. Staying constant d. None of the above

Economics