Single Bank Loan Expansion
A commercial bank has $100,000 in demand deposits and a required reserve ratio of 10%. If the bank currently holds $15,000 in total reserves, what is the maximum amount of new loans this single bank can create?
A
$150,000
B
$50,000
C
$5,000
D
$85,000
Question Leaderboard
| Rank | |||||
|---|---|---|---|---|---|
| #1 | thisislucyhwang | 0 | 1 | 0m 00s | -10 |
| #2 | valentina.rivas | 0 | 1 | 0m 43s | -53 |
| #3 | sydneysatit | 0 | 2 | 10m 14s | -634 |
Items per page:
10
1 – 3 of 3