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Refer to Table 13.2. The required reserve ratio is 20%. If the First Charter Bank is meeting its reserve requirement and has no excess reserves, its loans equal: a) $710 b) $460 c) $550 d) $760

Refer to Table 13.2. The required reserve ratio is 20%. If the First Charter Bank is meeting its reserve requirement and has no excess reserves, its loans equal: a) $710 b) $460 c) $550 d) $760

ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN:9780190931919
Author:NEWNAN
Publisher:NEWNAN
Chapter1: Making Economics Decisions
Section: Chapter Questions
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18. Refer to Table 13.2. The required reserve ratio is 20%. If the First Charter Bank is
meeting its reserve requirement and has no excess reserves, its loans equal:
a) $710
b) $460
c) $550
d) $760

Table 14.2: a) $100. b) $150. c) $140. d) $180. a) $710 b) $460 c) $550 d) $760 ? ? ? a) 1.25%. b) 4%. c) 20%. d) 37.5%. FIRST CHARTER BANK 17. Refer to Table 13.2. The required reserve ratio is 20%. If the First Charter Bank is meeting its reserve requirement and has no excess reserves, its reserve equal: Assets Reserves a) $150.5 million b) $60.5 million c) $112.5 million d) $160.5 million Loans Total 18. Refer to Table 13.2. The required reserve ratio is 20%. If the First Charter Bank is meeting its reserve requirement and has no excess reserves, its loans equal: a) $200,000. b) $50,000. $700 $200 $900 c) zero. d) $450,000. Liabilities Deposits 19. Bank of New City has $250 million in deposits. Bank of New City is meeting its reserve requirement and has no excess reserves. It has $50 million in reserves. Bank of New city faces a required reserve ratio of: Net Worth Total 20. Bank of New City has $750 million in deposits. The required reserve ratio is 15%. Bank of New City must keep_ in reserves. 21. Republic Bank has $2 million in deposits and $250,000 in reserves. If the required reserve ratio is 10%, excess reserves are equal to: 4
Transcribed Image Text:Table 14.2: a) $100. b) $150. c) $140. d) $180. a) $710 b) $460 c) $550 d) $760 ? ? ? a) 1.25%. b) 4%. c) 20%. d) 37.5%. FIRST CHARTER BANK 17. Refer to Table 13.2. The required reserve ratio is 20%. If the First Charter Bank is meeting its reserve requirement and has no excess reserves, its reserve equal: Assets Reserves a) $150.5 million b) $60.5 million c) $112.5 million d) $160.5 million Loans Total 18. Refer to Table 13.2. The required reserve ratio is 20%. If the First Charter Bank is meeting its reserve requirement and has no excess reserves, its loans equal: a) $200,000. b) $50,000. $700 $200 $900 c) zero. d) $450,000. Liabilities Deposits 19. Bank of New City has $250 million in deposits. Bank of New City is meeting its reserve requirement and has no excess reserves. It has $50 million in reserves. Bank of New city faces a required reserve ratio of: Net Worth Total 20. Bank of New City has $750 million in deposits. The required reserve ratio is 15%. Bank of New City must keep_ in reserves. 21. Republic Bank has $2 million in deposits and $250,000 in reserves. If the required reserve ratio is 10%, excess reserves are equal to: 4
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