Here is your assignment 6 and it is due Wednesday in class. No handwritten assignment or part of it will be...
sunawoo8hpzHere is your assignment 6 and it is due Wednesday in class.
No handwritten assignment or part of it will be graded.
Balance sheet of the Summer Bank
Assets | Liabilities |
Cash $ 15,000
Loans $ 185,000
|
Deposits $ 120,000 Capital $ 80,000 |
Total $ 200,000 | Total $ 200,000 |
The required reserve ratio on all deposits is 12%
a. What, if any, are this bank's excess reserves?
b. How much new amount of loan will this bank be able to create because of the excess reserves?
c. Answer part a and b if the required reserve ratio is changed to 8%.
9 years ago
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balance_sheet_of_the_summer_bank.xlsx
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