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Author Question: Table 14-2 Refer to Table 14-2. Suppose a transaction changes a bank's balance sheet as indicated in ... (Read 109 times)

maegan_martin

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Question 1

Table 14-1







Refer to Table 14-1.  Suppose a transaction changes a bank's balance sheet as indicated in the T-account, and the required reserve ratio is 10 percent. As a result of the transaction, the bank has excess reserves of


◦ $0.
◦ $400.
◦ $3,600.
◦ $4,000.

Question 2

Table 14-2







Refer to Table 14-2.  Suppose a transaction changes a bank's balance sheet as indicated in the following T-account, and the required reserve ratio is 10 percent. As a result of the transaction, the bank can make a maximum loan of


◦ $0.
◦ $800.
◦ $7,200.
◦ $8,000.


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Marked as best answer by maegan_martin on Mar 16, 2019

memslove

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maegan_martin

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Reply 2 on: Mar 16, 2019
YES! Correct, THANKS for helping me on my review


xiaomengxian

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Reply 3 on: Yesterday
Excellent

 

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