-The above table gives the initial balance sheet for Mini Bank. If the bank's desired reserve ratio is 10 percent, how much does this bank have in excess reserves?
A) $40
B) $60
C) $10
D) $100

Question

-The above table gives the initial balance sheet for Mini Bank. If the bank's desired reserve ratio is 10 percent, how much does this bank have in excess reserves?
A) $40 
B) $60 
C) $10 
D) $100

Quizplus · Accepted Answer

The Answer of 
-The above table gives the initial balance sheet for Mini Bank. If the bank's desired reserve ratio is 10 percent, how much does this bank have in excess reserves?
A) $40 
B) $60 
C) $10 
D) $100

-The Above Table Gives the Initial Balance Sheet for Mini