Assuming a legal reserve ratio of 20 percent, how much excess reserves would this bank have after a check for $10,000 was drawn and cleared against it?
Refer to the above information. The banking system will be able to expand the money supply through loans by:
Refer to the above information. The $40 billion deposit of new currency will support total checkable deposits of:
Refer to the above table. When the legal reserve ratio is 30 percent, the monetary multiplier is:
Refer to the above data. The maximum amount by which the commercial banking system can expand the supply of money by lending is:
Assume that the listed amounts constitute this bank's complete set of accounts. Moola's:
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