Table 29-4Bank of PleasantvilleAssetsLiabilities.ReservesLoans$3,200 Deposits76,800$80,000Refer to Table 29-4. The Bank of Pleasantville's reserve ratio is4.2 percent.O 7.1 percent.○ 4.0percent.10.0 percent.

Given:Deposits: 80,000Reserves: 3,200 Reserve ratio = (reserve / deposits ) x 100Reserve ratio =…

Answered: Table 29-4 Bank of Pleasantville Assets…

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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Table 29-4 Bank of Pleasantville Assets Liabilities. Reserves Loans $3,200 Deposits 76,800 $80,000 Refer to Table 29-4. The Bank of Pleasantville's reserve ratio is 4.2 percent. O 7.1 percent. ○ 4.0 percent. 10.0 percent.