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Suppose the Fed buys $10 million in government securities from a commercial bank. If the required reserve ratio is 0.25, what is
Suppose the Fed buys $10 million in government securities from a commercial bank. If the required reserve ratio is 0.25, what is
admin
2011-01-24
45
问题
Suppose the Fed buys $10 million in government securities from a commercial bank. If the required reserve ratio is 0.25, what is the maximum amount by which checkable deposits in the banking system can change?______.
选项
A、+$10 000 000
B、+$25 000 000
C、+$40 000 000
D、-$40 000 000
答案
C
解析
答案为C项。根据题意,银行系统所能创造的最大存款金额=$10 million×1/0.25=$40million,故选C项。
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本试题收录于:
FECT综合(现代金融业务)题库金融英语(FECT)分类
0
FECT综合(现代金融业务)
金融英语(FECT)
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