问题
单项选择题
An analyst gathers the following information about Monument State Bank: Demand deposits$ 400 million. Loans and securities $ 260 million. Reserve requirement 10%. The bank has a total of $ 50 million in cash and deposits with the Federal Reserve. Monument Stare Bank is in a position to make additional loans of:()
A. $ 5 million.
B. $10 million.
C. $ 26 million.
答案
参考答案:B
解析:
( Demand deposits) ( reserve requirement) = required reserves (400)×(0.1) = 40 Actual reserves (50) -required reserves (40) =excess (10) The bank can lend $10 million.