Question 1
The Bank of Mesquite has $2 million in deposits and $550,000 in reserves. If excess reserves are equal to $150,000, the required reserve ratio is
◦ 15%.
◦ 20%.
◦ 35%.
◦ 65%.
Question 2
Refer to the information provided in Table 25.8 below to answer the question(s) that follow.


Refer to Table 25.8. If the required reserve ratio is 20%, Alamo Bank
◦ is loaned up.
◦ has too few reserves on hand.
◦ is meeting its required reserve ratio and has no excess reserves.
◦ has unloaned excess reserves of $100,000.