11- A commercial bank has checkable-deposit liabilities of $50,000 and a required reserve ratio of 20 percent. What is the amount of required reserves?
Select one:
A. $250,000
B. $10,000
C. $1 million
D. $50,000
12- When banks borrow and lend reserves in the overnight funds market,
Select one:
A. the total reserves of the banking system shrink.
B. the total reserves of the banking system increase.
C. the reserves of the banking system become part of M1.
D. the total reserves of the banking system stay the same.
22- A bank is in the position to make loans when required reserves
Select one:
A. are less than actual reserves.
B. are greater than actual reserves.
C. equal actual reserves.
D. equal excess reserves.
24- When required reserves exceed actual reserves, commercial banks will be forced to have borrowers
Select one:
A. withdraw some of their deposits.
B. take out more loans.
C. use credit cards.
D. repay loans.