Question
If a bank receives a new transaction deposit of $100,000 and the reserve ratio is 20 percent, then the bank could expand its loans by
If a bank receives a new transaction deposit of $100,000 and the reserve ratio is 20 percent, then the bank could expand its loans by as much as
A. $20000
B. $80000
C. $100000
D$ 400000
which is the answer?
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Historical Perspectives On The American Economy Selected Readings
Authors: Robert Whaples, Dianne C Betts
1st Edition
0521466482, 9780521466486
