Use the information for Better Bank below to answer this question.
Assets Liability
Total Bank Reserves $80,000
Loans $720,000
Checkable Deposits $800,000
If the required-reserve ratio is 10%, then Better Bank can make new loans equal to:
a. $0
b. $10,000
c. $72,000
d. $720,000

Question

30-11-2022
SAT

Answered

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Use the information for Better Bank below to answer this question.
Assets Liability
Total Bank Reserves $80,000
Loans $720,000
Checkable Deposits $800,000
If the required-reserve ratio is 10%, then Better Bank can make new loans equal to:
a. $0
b. $10,000
c. $72,000
d. $720,000

Sagot :

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