Assets Liabilities and Net Worth Reserves $27,000 Checkable Deposits $110,000 Loans 50,000 Stock Shares 200,000 Securities 33,000 Property 200,000 Refer to the accompanying balance sheet for the ABC National Bank. Assume the required reserve ratio is 20 percent. This bank can safely expand its loans by a maximum of
Assets Liabilities and Net Worth Reserves $27,000 Checkable Deposits $110,000 Loans 50,000 Stock Shares 200,000 Securities 33,000 Property 200,000 Refer to the accompanying balance sheet for the ABC National Bank. Assume the required reserve ratio is 20 percent. This bank can safely expand its loans by a maximum of
Chapter1: Making Economics Decisions
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
Transcribed Image Text:Assets Liabilities and Net Worth Reserves
$27,000 Checkable Deposits $110,000 Loans
50,000 Stock Shares 200,000 Securities
33,000 Property 200,000 Refer to the
accompanying balance sheet for the ABC
National Bank. Assume the required reserve
ratio is 20 percent. This bank can safely
expand its loans by a maximum of
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