Assume the following data describe the condition of the banking system. What would the following values be immediately after a change in the required reserve ratio from 0.20 to 0.15? Instructions: Enter your responses for parts a-d as a whole number. Round your responses for parts e-fto one decimal place. a. Total deposits b. Total reserves c. Required reserves d. Excess reserves e. Money multiplier 1. Unused lending capacity Required Reserve Ratio If 20 percent $100 billion 30 billion 20 billion 10 billion 5 $50 billion If 15 percent billion billion billion billion billion

ENGR.ECONOMIC ANALYSIS
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Chapter1: Making Economics Decisions
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Hh.92.

 

Assume the following data describe the condition of the banking system. What would the following values be immediately after a
change in the required reserve ratio from 0.20 to 0.15?
Instructions: Enter your responses for parts a-d as a whole number. Round your responses for parts e-fto one decimal place.
a. Total deposits
b. Total reserves
c. Required reserves
d. Excess reserves
e. Money multiplier
f. Unused lending capacity
Required Reserve Ratio
If 20 percent
$100 billion
30 billion
20 billion
10 billion
5
$50 billion
If 15 percent
billion
billion
billion
billion
billion
Transcribed Image Text:Assume the following data describe the condition of the banking system. What would the following values be immediately after a change in the required reserve ratio from 0.20 to 0.15? Instructions: Enter your responses for parts a-d as a whole number. Round your responses for parts e-fto one decimal place. a. Total deposits b. Total reserves c. Required reserves d. Excess reserves e. Money multiplier f. Unused lending capacity Required Reserve Ratio If 20 percent $100 billion 30 billion 20 billion 10 billion 5 $50 billion If 15 percent billion billion billion billion billion
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