A bank is in compliance with its 10% reserve requirements. If the bank has deposits of $ 10,000,000, what is the impact on its required reserve position?

to. has a borrowing margin in the amount of $ 9,000,000

b. is deficient $ 1,000,000 in required reserves

c. has a borrowing margin of $ 1,000,000

d. is deficient $ 9,000,000 in required reserves.

All of the following are Nontransactional Accounts, except:

to. CDs under $ 100,000

b. savings accounts

c. checking accounts

d. CDs over $ 100,000