Question

Commercial bank reserves are typically less than 1 percent of total assets, however in 2013 bank reserves ________ because of ________.
A) rose to around 88 percent; the financial crisis of 2008-2009
B) dropped drastically to near zero; the financial crisis of 2008-2009
C) rose to around 18 percent; the financial crisis of 2008-2009
D) dropped drastically to near zero; the wave of natural disasters experienced in the nation and around the world
E) rose drastically to around 18 percent; the wave of natural disasters experienced in the nation and around the world

Answer

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