Below is the balance sheet for a bank. Under "Other" it has listed "$X" just think of this as the dollar ambunt needed to make the balance sheet balance, It is not important what that value is for this question. Assets Liabilities Reserves 32 Deposits 200 Loans 160 Securities 44 Other $X Using the balance sheet above, find the level of excess reserves this bank is holding if the required reserve ratio - 8% (Give answers to 2 decimal places as needed)
Below is the balance sheet for a bank. Under "Other" it has listed "$X" just think of this as the dollar ambunt needed to make the balance sheet balance, It is not important what that value is for this question. Assets Liabilities Reserves 32 Deposits 200 Loans 160 Securities 44 Other $X Using the balance sheet above, find the level of excess reserves this bank is holding if the required reserve ratio - 8% (Give answers to 2 decimal places as needed)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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