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

ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
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Chapter1: Making Economics Decisions
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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
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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