3. if a bank receives a new checkable deposit of 10,000 and the required reserve ratio is 20 percent, then the bank can lend out:
4. assume a bank has a total deposits of 100000 and 20000 is set aside to meet reserve requirements of the Fed. Its required reserve ratio is:
b. 20 percent
c. .25 percent
d. 1 percent
5. a bank faces required reserve ratio of 5 percent. if the bank has 200 million of checkable deposits and 15 million of total reservfes, then how large are the bank's excess reserves? (hint: total reserves = excess reserves + required reserves)
b. 5 million
c. 10 million
d. 15 million
I'm not sure how to do these...can you please show me how?
This question was answered on: May 23, 2022
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