Question
Table 13.3D Bank One ASSETS Reserves $45,000 Securities 49,000 Loans 116,000 LIABILITIES Demand Deposits $200,000 Refering to Table 13.3D, if r=20%, the maximum amount the
Table 13.3DBank One
ASSETS
Reserves
$45,000
Securities
49,000
Loans
116,000
LIABILITIES
Demand Deposits
$200,000
Refering to Table 13.3D, if r=20%, the maximum amount the banking system can create is:
Select one:
a.250,000
b.5,000
c.25,000
d.4,500,000
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The Economics Of Banking
Authors: Jin Cao
1st Edition
9780367405724
