Assets Liabilities Required Reserves: $360000 Deposits: $1250000 Loans $150000 Capital: 0 Bonds: $740000 The above is the T-Accounts for TD bank. If the reserve ratio is 20 percent, what is the change in loans after the excess reserves are loaned out? Answer:
Assets Liabilities Required Reserves: $360000 Deposits: $1250000 Loans $150000 Capital: 0 Bonds: $740000 The above is the T-Accounts for TD bank. If the reserve ratio is 20 percent, what is the change in loans after the excess reserves are loaned out? Answer:
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Assets
Liabilities
Required Reserves: $360000 Deposits: $1250000
Loans $150000
Capital: 0
Bonds: $740000
The above is the T-Accounts for TD bank. If the reserve
ratio is 20 percent, what is the change in loans after the
excess reserves are loaned out?
Answer:
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