Bank West's Balance Sheet Assets Cash $500 Deposits at Bank of Canada $700 Loans and Mortgages $19800 Liabilities and Capital Deposits $20000 Capital $1000
Bank West's Balance Sheet Assets Cash $500 Deposits at Bank of Canada $700 Loans and Mortgages $19800 Liabilities and Capital Deposits $20000 Capital $1000
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
36
![Bank West's Balance Sheet
Assets
Cash $500
Deposits at Bank of Canada $700
Loans and Mortgages $19800
n
Liabilities and Capital
Deposits $20000
Capital $1000
Bank West's actual reserve ratio will be
percent if it receives a new deposit of $1500.
O a.
7.5
O b. 33.3
О с.
10.0
O d. 6.0
O e. 12.6](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc4e2b115-8705-48f7-af04-59505e83ab72%2Ff7408b1a-3b13-4ed2-8619-a2d203472080%2Fxhi7p56_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Bank West's Balance Sheet
Assets
Cash $500
Deposits at Bank of Canada $700
Loans and Mortgages $19800
n
Liabilities and Capital
Deposits $20000
Capital $1000
Bank West's actual reserve ratio will be
percent if it receives a new deposit of $1500.
O a.
7.5
O b. 33.3
О с.
10.0
O d. 6.0
O e. 12.6
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