A bank that has assets of $85 billion and a net worth of $20 billion must have

A. liabilities of $65 billion.
B. excess reserves of $20 billion.
C. liabilities of $20 billion.
D. excess reserves of $65 billion.

Question

11-06-2024
Business

Answered

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A bank that has assets of $85 billion and a net worth of $20 billion must have

A. liabilities of $65 billion.
B. excess reserves of $20 billion.
C. liabilities of $20 billion.
D. excess reserves of $65 billion.

Sagot :

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