A reserve ratio of 0.10 means that a bank loans out __________ percent of its_______
A. 10; deposit liabilities
B. 10; excess reserves
C. 90; deposit liabilities
D. 90; excess reserves
Answer:C
A reserve ratio of 0.10 means that a bank loans out __________ percent of its_______
A. 10; deposit liabilities B. 10; excess reserves C. 90; deposit liabilities D. 90; excess reserves