The accompanying table gives data for a commercial bank or thrift. When the legal reserve ratio is 20 percent, the money-creating potential of the entire banking system is

The accompanying table gives data for a commercial bank or thrift. When the legal reserve ratio is 20 percent, the money-creating potential of the entire banking system is
A) $4,000.
B) $6,000.
C) $8,000.
D) $10,000.

Leave a Reply

Your email address will not be published.