0275&cmid=2041533 Question 1 Not yet answered Points out of 1:00 p Flag question Fractional reserve banking means that Select one: OA Banks are only a fraction of all the financial institutions. OB. Only a fraction of a bank's reserves is the cash it has in its vault OC Only a fraction of the nation's money supply is in the form of currency. D. The reserves of a bank are only a fraction of its customer deposits. Question 2 Not yet answered Points out of 1.00 Flag question Table 6.1 (use to answer questions 1-3) Assets Excess Reserves $500 Deposits $6,090 equired Reaches 14 60 Total $6,000 Total $6,000 What is the required reserve ratio? Select one: OA 10% OB. 20%% OC 25% OD. 30%% OE. The required reserve ratio cannot be determined with the information available Question 3 Not yet answered Points out of 1.00 P Flag question Using table 6.1, what is the largest loan this bank can make? Select one OA $500 OB $1,500 OC $2,000 OD. $4,000 OE $6,000 Question 4 Not yet answered Points out of 1.00 + Flag question Using table 6.1, if someone deposits $500 of currency in this bank, what happens? Select one: OA Total reserves rise by $500 OB. Excess reserves rise by $500 OC Required reserves rise by $500 D. Loans rise by $500 Question 5 Not yet answered Points out of 1.00 P Flag question A currency withdrawal from a checking account Select one A Immediately increases the mo money in the future OB, Imr money in the future OC Imme money in the future OD, Has no immediate effect on the loans and create money in the future