Table 13.2: FIRST CHARTER BANK Assets Reserves Loans Total Liabilities Deposits Net Worth Total ? ? $700 $200 $900 17. Refer to Table 13.2. The required reserve ratio is 20%. If the First Charter Bank is Meeting its reserve requirement and has no excess reserves, its reserve equal: a) $100. b) $150. c) $140. d) $180.
Table 13.2: FIRST CHARTER BANK Assets Reserves Loans Total Liabilities Deposits Net Worth Total ? ? $700 $200 $900 17. Refer to Table 13.2. The required reserve ratio is 20%. If the First Charter Bank is Meeting its reserve requirement and has no excess reserves, its reserve equal: a) $100. b) $150. c) $140. d) $180.
Chapter14: Banking And The Money Supply
Section: Chapter Questions
Problem 2.3P
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