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erik [133]
3 years ago
6

A bank has $8,000 in deposits and $6,000 in loans. it has loaned out all it can given the reserve requirement. it follows that t

he reserve requirement is
Business
1 answer:
True [87]3 years ago
4 0
<span>The reserve requirement, which is also referred to as the cash reserve ratio, is 25 percent. This is calculated by subtracting the $6,000 loaned out from the bank's $8,000 in deposits, yielding a reserve of $2,000. The reserve requirement is calculated by dividing $2,000 by $8,000.</span>
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<h3>What is the labor efficiency variance?</h3>

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Find out more on the labor efficiency variance at brainly.com/question/27404735

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