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Author Question: Reserves, Deposits and the Money MultiplierYour bank has $100 million in deposits and $40 million in ... (Read 29 times)

sreghbsidhgjbndskijgnio

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on: Nov 23, 2022

Question 1

Reserves, Deposits and the Money Multiplier

Your bank has $180 million in deposits. The bank is meeting its reserve requirement, has $30 million in reserves, and has no excess reserves. The bank faces a required reserve ratio of ________. (Round to the nearest hundredth when appropriate.)
◦ 54%
◦ 15%
◦ 6%
◦ 16.67%

Question 2

Reserves, Deposits and the Money Multiplier

Your bank has $100 million in deposits and $40 million in reserves. If excess reserves are equal to $5 million, the required reserve ratio is ________. (Round to the nearest hundredth when appropriate.)
◦ 40%
◦ 35%
◦ 5%
◦ 12.5%
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
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Marked as best answer by sreghbsidhgjbndskijgnio on Nov 23, 2022

sakura282000

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Reply #1 on: Nov 23, 2022
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sreghbsidhgjbndskijgnio

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Reply 2 on: Nov 23, 2022
:D TYSM

chereeb

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Reply 3 on: Yesterday
Wow, this really help

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