Refer to the given balance sheets. If the reserve ratio is 25 percent, the maximum money-creating potential of the commercial banking system is
A) $36.
B) $17.
C) $48.
D) $24.

Question

Refer to the given balance sheets. If the reserve ratio is 25 percent, the maximum money-creating potential of the commercial banking system is
A) $36. 
B) $17. 
C) $48. 
D) $24.

Quizplus · Accepted Answer

The Answer of  Refer to the given balance sheets. If the reserve ratio is 25 percent, the maximum money-creating potential of the commercial banking system is
A) $36. 
B) $17. 
C) $48. 
D) $24.

Refer to the Given Balance Sheets