Question 1
Refer to the information provided in Table 25.6 below to answer the question(s) that follow.


Refer to Table 25.6. Commerce Bank's excess reserves equal
◦ $1,200,000.
◦ $2,000,000.
◦ $2,800,000.
◦ $4,500,000.
Question 2
Refer to the information provided in Table 25.6 below to answer the question(s) that follow.


Refer to Table 25.6. The required reserve ratio is
◦ 10%.
◦ 12.5%.
◦ 15%.
◦ 20%.