BrianaK2137
11.04.2020 •
Business
Macroeceomics Assets Liabilities and Net Worth Reserves $27,000 Checkable Deposits $110,000 Loans 50,000 Stock Shares 200,000 Securities 33,000 Property 200,000Refer to the accompanying balance sheet for the ABC National Bank. Assume the required reserve ratio is 20 percent. Assuming the bank loans out all of its remaining excess reserves as a checkable deposit and has a check cleared against it for that amount, its reserves and checkable deposits will now be:.
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Ответ:
Assuming the bank loans out all of its remaining excess reserves as a checkable deposit and has a check cleared against it for that amount, its reserves and checkable deposits will now be: $5000
Explanation:
Checkable deposit = 110,000
Required reserve = 20% of 110,000
= 22,000
Reserves = $27,000
Excess reserve = 27,000 - 22,000
= $5000
So, this bank can safely expand its loans by a maximum of $5000 ( i.e, excess reserve)
Ответ:
The first bike: $ 80
The fourth bike: $ 20
The sixth bike: $ 50
The seventh bike: $ 60
Explanation: