The table shows a bank's balance sheet. The bank has no excess reserves and there is no currency drain. Assets Llablities Calculate the bank's desired reserve ratio. (millions of dollars) Reserves at the Fed 20 Cash in vault Checkable deposits Savings deposits 95 >>> Answer to 1 decimal place. 85 Securities 45 The bank's desired reserve ratio is percent of deposits. Loans 110
The table shows a bank's balance sheet. The bank has no excess reserves and there is no currency drain. Assets Llablities Calculate the bank's desired reserve ratio. (millions of dollars) Reserves at the Fed 20 Cash in vault Checkable deposits Savings deposits 95 >>> Answer to 1 decimal place. 85 Securities 45 The bank's desired reserve ratio is percent of deposits. Loans 110
Chapter13: The Federal Reserve System
Section: Chapter Questions
Problem 8WNG
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