Want this question answered?
$13,160
The U.S. government borrows money by
this is the amount of deposit the central bank authorise bank to keep them
$7280, 9% of 8000 is 720 and they are free to loan everything except the $720.
70%
$13,160
$8370
The U.S. government borrows money by
this is the amount of deposit the central bank authorise bank to keep them
$7280, 9% of 8000 is 720 and they are free to loan everything except the $720.
70%
$6440 lol its three years later u prolly dont need this
Reserve
Reserve
Cash Reserve Ratio or CRR in India is the amount of money that every bank has to deposit with the RBI per customer. Every time a customer deposits cash to the bank, the bank has to correspondingly deposit a portion of that cash to the RBI. RBI decides this percentage of money that each bank has to deposit with it.
Cash Reserve Ratio or CRR in India is the amount of money that every bank has to deposit with the RBI per customer. Every time a customer deposits cash to the bank, the bank has to correspondingly deposit a portion of that cash to the RBI. RBI decides this percentage of money that each bank has to deposit with it.
required reserve ratio. This ratio is set by the central bank and determines the minimum amount of reserves that a bank must hold relative to its deposits. It helps ensure the stability of the banking system and manage the money supply in the economy.