Answer:
Explanation:
Reserve Ratio is the amount of liabilities that are held reserved by the commercial banks. The ratio indicated the amount which the bank has to hold as a reserve. Any amount in access of this ratio can be invested or held in bank reserves.
So in this question, the reserve ratio is 11%, of $132000, which is 14520 dollars. So 117480 dollars are left which can be invested to deposited in the total reserves. So A bank has $132000 in excess reserves and the required reserve ratio is 11%. This means the bank could have $14520 in checkable deposit liabilities and $117480 in total reserves.
Diagraphs are voiced combinations of two consonants.
The answer would be (true)
Answer:
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Explanation:
you are welcome
1Lotteries, markets, barter, rationing, and redistribution of income are all methods commonly used to. allocate scarce resources.
