Assets: Reserves Loans Last Bank of Cedar Bend Liabilities: Deposits $25 000 $155 000 $180 000 efer to the Table 10-2. If the reserve requirement is 10 percent and then someone deposits $50 000 into the bank, what is the bank's raserve osition? alect one: a. It will have $52 000 in excess reserves. b. It will need to raise reserves by $5000. cro c. It will have $57 000 in excess reserves. d. It will have excess reserves of $2000.
Assets: Reserves Loans Last Bank of Cedar Bend Liabilities: Deposits $25 000 $155 000 $180 000 efer to the Table 10-2. If the reserve requirement is 10 percent and then someone deposits $50 000 into the bank, what is the bank's raserve osition? alect one: a. It will have $52 000 in excess reserves. b. It will need to raise reserves by $5000. cro c. It will have $57 000 in excess reserves. d. It will have excess reserves of $2000.
Economics (MindTap Course List)
13th Edition
ISBN:9781337617383
Author:Roger A. Arnold
Publisher:Roger A. Arnold
Chapter12: Money, Banking And The Financial System
Section: Chapter Questions
Problem 2WNG
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