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Question 13 Not yet answered Points out of 1 P Flag question Suppose that according to its balance sheet, Wells Fargo have $40 billion in

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Question 13 Not yet answered Points out of 1 P Flag question Suppose that according to its balance sheet, Wells Fargo have $40 billion in reserves, and the value of its total assets equal $400 billion. Furthermore, value of the deposits at the bank sums up to $200 billion and the net worth of the bank is $100 billion. What is the banks leverage ratio? Select one: O A.0.10 B.0.20 C. 0.25 D.0.15 Question 15 Which of the following is NOT true? Select one A. The McFadden Act of 1927 prohibited national banks from operating branches outside their home states. B. Treasury-Federal Reserve Accord ended the cooperation between the Treasury and the Fed that took place during WWII C. The Federal Reserve Act of 1913 made the Secretary of Treasury the chairman of the Federal Reserve Board D. The US Constitution explicitly give the federal government authority to establish central bank

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