13. Refer to Table 1. First Commercial bank’s excess reserves equal $__________.a) 150,000b) 250,000c) 100,000d) 50,00014. Refer to Table 1. First Commercial Bank’s total loans equal $______________.a) 1,050,000b) 1,180,000c) 1,150,000d) 1,250,000 Table 1:$270,000$120,000??$1,600,000AssetFIRST COMMERCIAL BANKTotal Reserves:Required ReservesExcess ReservesLoansTotalLiabilities$1,200,000$400,000$1,600,00013. Refer to Table 1. First Commercial bank's excess reserves equal $a) 150,000b) 250,000c) 100,000d) 50,00014. Refer to Table 1. First Commercial Bank's total loans equal $_a) 1,050,000b) 1,180,000c) 1,150,000d) 1,250,000DepositsNet WorthTotal

It can be defined as a part of the reserves of the bank which exceeds the compulsory requirement…

Answered: 13. Refer to Table 1. First Commercial…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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13. Refer to Table 1. First Commercial bank’s excess reserves equal $__________.
a) 150,000
b) 250,000
c) 100,000
d) 50,000
14. Refer to Table 1. First Commercial Bank’s total loans equal $______________.
a) 1,050,000
b) 1,180,000
c) 1,150,000
d) 1,250,000

Table 1:
$270,000
$120,000
?
?
$1,600,000
Asset
FIRST COMMERCIAL BANK
Total Reserves:
Required Reserves
Excess Reserves
Loans
Total
Liabilities
$1,200,000
$400,000
$1,600,000
13. Refer to Table 1. First Commercial bank's excess reserves equal $
a) 150,000
b) 250,000
c) 100,000
d) 50,000
14. Refer to Table 1. First Commercial Bank's total loans equal $_
a) 1,050,000
b) 1,180,000
c) 1,150,000
d) 1,250,000
Deposits
Net Worth
Total

Definition Definition Capital reserves held by banks or financial institutions over and above the reserves that are required to be maintained by the regulator toward its liabilities and for internal controls. For commercial banks, excess reserve is the amount over the standard reserve as decided by the central bank. These excess reserve funds are available in the form of cash and cash equivalents.

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