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

Macroeconomics
13th Edition
ISBN:9781337617390
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter13: The Federal Reserve System
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The table shows a bank's balance sheet. The bank has no excess reserves and there is no currency drain.
Calculate the bank's desired reserve ratio.
Assets
>>> Answer to 1 decimal place.
Liabilities
(millions of dollars)
Reserves at the Fed 20
The bank's desired reserve ratio is percent of deposits.
Checkable deposits
95
Cash in vault
Savings deposits
85
Securities
45
Loans
110
Enter your answer in the answer box.
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Transcribed Image Text:The table shows a bank's balance sheet. The bank has no excess reserves and there is no currency drain. Calculate the bank's desired reserve ratio. Assets >>> Answer to 1 decimal place. Liabilities (millions of dollars) Reserves at the Fed 20 The bank's desired reserve ratio is percent of deposits. Checkable deposits 95 Cash in vault Savings deposits 85 Securities 45 Loans 110 Enter your answer in the answer box. MacBook Air DII DD F11 F10 888 F9 80 OC F8 F7 F6 F5 F4 esc F2 F3 F1 一 & 2$ @ 7 8 4 5 1 2 P Q W E R T # 3
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