Question 25Banks wish to hold no excess reserves, desired reserve ratio is the same for allNot yetansweredbanks and there is no currency drain.Marked out ofThe following T-account represents the balance sheet of ABC commercial1.00bank:P FlagquestionAssetsLiabilitiesDeposits ?CapitalReserves 194Loans2781203How much are the deposits at bank ABC?Select one:O a. 2772.00O b. None of the answers offered are correctc. 2384.00O d. 3178.00e. 2790.00

The primary rule for a T account it was that Assets are equal to liabilities.

Banks wish to hold no excess reserves, desired reserve ratio is the same for all banks and there is no currency drain. The following T-account represents the balance sheet of ABC commercial bank: Assets Liabilities Reserves 194 Deposits ? Capital Loans 2781 203 How much are the deposits at bank ABC?

Banks wish to hold no excess reserves, desired reserve ratio is the same for all banks and there is no currency drain. The following T-account represents the balance sheet of ABC commercial bank: Assets Liabilities Reserves 194 Deposits ? Capital Loans 2781 203 How much are the deposits at bank ABC?

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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