Table 29-6.
-Refer to Table 29-6. If the Fed's reserve requirement is 5 percent, then what quantity of excess reserves does the Bank of Pleasantville now hold?
A)$500
B)$250
C)$2,000
D)$3,600

Question

Table 29-6. 
-Refer to Table 29-6. If the Fed's reserve requirement is 5 percent, then what quantity of excess reserves does the Bank of Pleasantville now hold?
A)$500 
B)$250 
C)$2,000 
D)$3,600

Quizplus · Accepted Answer

The Answer of Table 29-6. 
-Refer to Table 29-6. If the Fed's reserve requirement is 5 percent, then what quantity of excess reserves does the Bank of Pleasantville now hold?
A)$500 
B)$250 
C)$2,000 
D)$3,600

Table 29-6. -Refer to Table 29-6. If the Fed's Reserve Requirement Is