A bank's reserve ratio is 8 percent and the bank has $1,000 in deposits. Its reserves...
A bank's reserve ratio is 8 percent and the bank has $1,000 in deposits. Its reserves amount to
Group of answer choices
$80
$920
$8
$92
Homework Answers
Answer Option a ) $80
Reserve amount is $80
Solution Reserve ratio of bank is 8%
Total deposits of bank is $1000
Reserve amount= 8%of 1000
Reserve amount= $80
Add Answer to:
A bank's reserve ratio is 8 percent and the bank has $1,000 in
deposits. Its reserves...
A bank's checkable deposits are $960, its loans are $857 and the bank has reserves of...
A bank's checkable deposits are $960, its loans are $857 and the bank has reserves of $103. If the bank faces a required reserve ratio of 9%, then what are the bank's current excess reserves?
d. $200 reserve ratio is 5 percent and the bank has $1,000 in deposits. Its reserves...
d. $200 reserve ratio is 5 percent and the bank has $1,000 in deposits. Its reserves amount to S5. S50. c. $95. d. $950 Suppose banks desire to hold no excess reserves and that the Fed has set a reserve requirement of 10 percent. If you deposit $9,000 into First Jayhawk Bank, a. First Jayhawk's required reserves increase by $900. b. First Jayhawk will be able to lend out $8,100 c. First Jayhawk's assets and liabilities both will increase by...
If Bank of Mateer has a required reserve ratio of 40 percent and there is $100,000...
If Bank of Mateer has a required reserve ratio of 40 percent and there is $100,000 in deposits, what is the amount of required reserves? Group of answer choices $100,000 $60,000 $15,000 $0 $40,000
The required reserve ratio is the A. total amount of reserves the bank holds in its...
The required reserve ratio is the A. total amount of reserves the bank holds in its vaults. B. total amount of reserves the bank holds at the Fed. OC. amount of reserves banks are required by the Fed to be held as a percentage of the bank's loans. O D. amount of reserves banks are required by the Fed to be held as a percentage of the bank's deposits. O E. amount of excess reserves the bank holds just in...
A chartered bank has $1 million in deposits and $40,000 in desired reserves. Its excess reserves...
A chartered bank has $1 million in deposits and $40,000 in desired reserves. Its excess reserves are initially zero. a. The reserve ratio in the banking system is .......%. b. If a further $100,000 is deposited in this bank then the bank's desired reserves increase by $.......while the bank's excess reserves increase by $........ c. The banking system can increase the money supply by this bank's initial amount of $........multiplied by the money multiplier of ...........for a final increase in...
1) Bank 1 has deposits of $4141 and reserves of $455. If the required reserve ratio...
1) Bank 1 has deposits of $4141 and reserves of $455. If the required reserve ratio is 10%, what is the value of the bank's excess reserves? Enter a whole number with no dollar sign. Round to the nearest whole number. 2) In a fractional reserve banking system a. banks hold a fraction of deposits as reserves. b. the reserve ratio measures the percentage of deposits available to be lent out. c. banks hold a fraction of reserves as deposits....
Third National Bank has reserves of $10,000 and checkable deposits of $100,000. The reserve ratio is 10 percent. Househo...
Third National Bank has reserves of $10,000 and checkable deposits of $100,000. The reserve ratio is 10 percent. Households deposit $15,000 in currency into the bank and that currency is added to reserves. What level of excess reserves does the bank now have?
The Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio...
The Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20 percent. Using balance sheet A, how would this look. How much excess reserves currently exist for the bank? Households deposit $5000 in currency into the bank that is added to reserves. (Show this addition on the balance sheet A. What level of excess reserves does the bank now have? Assuming the excess reserves become loans, what would this look like on the...
Suppose that the reserve ratio is 7 percent and that a bank has $3000 in deposits....
Suppose that the reserve ratio is 7 percent and that a bank has $3000 in deposits. What are its required reserves? a. $50 b. $210 c. $510 d. $1200
A bank has $100,000 of checkable deposits and a roquired reserve ratio of 25 excess reserves?...
A bank has $100,000 of checkable deposits and a roquired reserve ratio of 25 excess reserves? percent. The bank currently holds $75,000 in reserves How much of these reserves are Excess reserves are s.(Round your response to the nearest dollr)
d. $200 reserve ratio is 5 percent and the bank has $1,000 in deposits. Its reserves amount to S5. S50. c. $95. d. $950 Suppose banks desire to hold no excess reserves and that the Fed has set a reserve requirement of 10 percent. If you deposit $9,000 into First Jayhawk Bank, a. First Jayhawk's required reserves increase by $900. b. First Jayhawk will be able to lend out $8,100 c. First Jayhawk's assets and liabilities both will increase by...
The required reserve ratio is the A. total amount of reserves the bank holds in its vaults. B. total amount of reserves the bank holds at the Fed. OC. amount of reserves banks are required by the Fed to be held as a percentage of the bank's loans. O D. amount of reserves banks are required by the Fed to be held as a percentage of the bank's deposits. O E. amount of excess reserves the bank holds just in...
A bank has $100,000 of checkable deposits and a roquired reserve ratio of 25 excess reserves? percent. The bank currently holds $75,000 in reserves How much of these reserves are Excess reserves are s.(Round your response to the nearest dollr)
Most questions answered within 3 hours.
-
Write a program to prompt the user for hours and rate per hour
using input to...
asked 15 minutes ago -
Hi, please help
1)Draw two molecules that could hydrogen bond with each other.
Draw and indicate...
asked 18 minutes ago -
Using Java, I created 3 files, Pizza,PizzaOrder, and
PizzaOrder_Demo that I attached down below. But I...
asked 17 minutes ago -
a. An 8-bit successive approximation ADC has a reference voltage
of 10 V. Calculate the resolution...
asked 28 minutes ago -
The distance between the two hydrogen nuclei in the H2 molecule
is 110 pm (picometer). How...
asked 29 minutes ago -
write an article about drone effect on
construction safety.
asked 33 minutes ago -
Consider the following data for a dependent variable y and two
independent variables, x1 and x2....
asked 1 hour ago -
what is the most likely shape for a distribution with a mean of
40 and a...
asked 44 minutes ago -
The work function, Φ0 (or W0), for cesium is 3.43×10−19 J. The
frequency of a photon...
asked 50 minutes ago -
18.54----At the surface of Venus the average temperature is a
balmy 460 ∘C due to the...
asked 48 minutes ago -
#1. A food has been ingested. Identify all of the anatomic
structures and substructures it travels...
asked 41 minutes ago -
Grommit Engineering expects to have net income next year of $
29.71 million and free cash...
asked 50 minutes ago