23. 24. a. b. Bank Reserves C. d. Loans $80,000 If Better Bank's reserve ratio is 10%, Better Bank will hold reserves equal to a minim of: $10,000. $80,000. $72,000. $720,000. $720,000 Deposits $800,000 If the reserve ratio is 10%, then Better Bank can make new loans equal to:
23. 24. a. b. Bank Reserves C. d. Loans $80,000 If Better Bank's reserve ratio is 10%, Better Bank will hold reserves equal to a minim of: $10,000. $80,000. $72,000. $720,000. $720,000 Deposits $800,000 If the reserve ratio is 10%, then Better Bank can make new loans equal to:
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Please help explain 23 and 24
Transcribed Image Text:23.
24.
a.
b.
C.
d.
a.
b.
Assets
Bank Reserves
Loans
C.
d.
If Better Bank's reserve ratio is 10%, Better Bank will hold reserves equal to a minimum
of:
$10,000.
$80,000.
$72,000.
$720,000.
$80,000
$720,000
$10,000.
$72,000.
$720,000.
Liabilities
If the reserve ratio is 10%, then Better Bank can make new loans equal to:
$0.
Deposits $800,000
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