Business
Business, 31.12.2019 03:31, ratpizza

If the required reserve ratio is 0.08, a bank can lend out:
a) 8 percent of its deposits.
b) 8 percent of its reserves
c) 92 percent of its deposits.
d) 92 percent of its reserves.

answer
Answers: 3

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Do you know the correct answer?
If the required reserve ratio is 0.08, a bank can lend out:
a) 8 percent of its deposits.

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