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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 0.27? Instructions: Round your responses to one decimal place.. ts Required Reserve Ratio kipped If 20 percent If 27 percent a. Total deposits $100 billion billion Book b. Total reserves 30 billion billion rences c. Required reserves 20 billion billion d. Excess reserves 10 billion billion e. Money multiplier 5 f. Unused lending capacity $50 billion billion

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 0.27? Instructions: Round your responses to one decimal place.. ts Required Reserve Ratio kipped If 20 percent If 27 percent a. Total deposits $100 billion billion Book b. Total reserves 30 billion billion rences c. Required reserves 20 billion billion d. Excess reserves 10 billion billion e. Money multiplier 5 f. Unused lending capacity $50 billion billion

ECON MACRO
ECON MACRO
5th Edition
ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter14: Banking And The Money Supply
Section: Chapter Questions
Problem 2.3P
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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 0.27? Instructions: Round your responses to one decimal place.. ts Required Reserve Ratio kipped If 20 percent If 27 percent a. Total deposits $100 billion billion Book b. Total reserves 30 billion billion rences c. Required reserves 20 billion billion d. Excess reserves 10 billion billion e. Money multiplier 5 f. Unused lending capacity $50 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 0.27? Instructions: Round your responses to one decimal place.. ts Required Reserve Ratio kipped If 20 percent If 27 percent a. Total deposits $100 billion billion Book b. Total reserves 30 billion billion rences c. Required reserves 20 billion billion d. Excess reserves 10 billion billion e. Money multiplier 5 f. Unused lending capacity $50 billion billion
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