A bank currently has $100,000 in checkable deposits and $15,000 in actual reserves. If the reserve ratio
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A bank currently has $100,000 in checkable deposits and
$15,000 in actual reserves. If the reserve ratio is 20 percent, the bank has in money-creating potential. If the reserve ratio is 14 percent, the bank has in money-creating potential.
a. $20,000; $14,000
b. $3,000; $2,100
c. −$5,000; $1,000
d. $5,000; $1,000
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Related Book For 
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ISBN: 9781264112456
22nd Edition
Authors: Campbell McConnell, Stanley Brue, Sean Flynn
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