Initial deposit is $10,000 Required Reserve Ratio is 20%   Calculate: $ Multiplier                             Required Reserves                    Excess Reserves                      Potential $ Created                    Initial deposit is $10,000 Required Reserve Ratio is lowered to 10%   Calculate: $ Multiplier                             Required Reserves                    Excess Reserves                                Potential $ Created

ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter14: Banking And The Money Supply
Section: Chapter Questions
Problem 2.3P
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  1. Initial deposit is $10,000
Required Reserve Ratio is 20%
 
Calculate:
$ Multiplier                            
Required Reserves                   
Excess Reserves                     
Potential $ Created                   
  1. Initial deposit is $10,000
Required Reserve Ratio is lowered to 10%
 
Calculate:
$ Multiplier                            
Required Reserves                   
Excess Reserves                               
Potential $ Created                   
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