A bank’s reserve ratio is 10 percent and the bank has $2,000 in deposits. Its reserves amount to

A bank’s reserve ratio is 10 percent and the bank has $2,000 in depo

1.	A bank’s reserve ratio is 10 percent and the bank has $2,000 in deposits. Its reserves amount to
Answer» A bank’s reserve ratio is 10 percent and the bank has $2,000 in deposits. Its reserves amount to Solution: