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natita [175]
3 years ago
8

Reserves $27,000 Checkable Deposits $110,000 Loans 50,000 Stock Shares 200,000 Securities 33,000 Property 200,000 Refer to the a

ccompanying balance sheet for the ABC National Bank. Assume the required reserve ratio is 20 percent. This bank can safely expand its loans by a maximum of:
Business
1 answer:
mafiozo [28]3 years ago
4 0

Answer:

Bank can safely expand its loan until it has zero excess reserves i.e. up to a maximum of $5000.

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For a manufacturer, measures of volume may include:
kobusy [5.1K]

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(D) Both number of units produced and amount of direct materials used in production are correct.

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