1. What is the Over the Counter markets?
a. stock exchanges
b. a decentralized market not listed in an exchange
c. FEDs foreign exchange market
2. What is the Leverage Ratio if Assets are $1000 and Capital is $150?
a. 11%
b. 12%
c. 15%
3. Eurobank currently has $400 million in transaction deposits on its balance sheet. The current reserve requirement is 10%. What are the reserve assets that Eurobank should have?
a. $36 million
b. $40 million
c. $4 million