Suppose that serendipity bank has excess reserves of $8. 000 and checkable deposits of $150. 000.

QUESTION
16 QUESTION
16 QUESTION
16 QUESTION
16 Suppose that Serendipity Bank has excess reserves of $8,000 and
checkable deposits of $150,000. Instructions: Enter your answer as a whole
number. Instructions: If the reserve ratio is 20 percent, what is the size of the
bank’s actual reserves? $__________. QUESTION
17 QUESTION
17 QUESTION
17 QUESTION
17 Third National Bank has reserves of $20,000 and checkable
deposits of $100,000. The reserve ratio is 20 percent. Households
deposit $5,000 in currency into the bank and that currency is added
to reserves. Instructions: Enter your answer as a whole
number. Instructions: What level of excess reserves does the bank now have?
$_________. QUESTION
18 QUESTION
18 QUESTION
18 QUESTION
18 Suppose that Third National Bank has reserves of $20,000 and
checkable deposits of $100,000. The reserve ratio is 20 percent.
The bank sells $5,000 in securities to the Federal Reserve Bank in
its district, receiving a $5,000 increase in reserves in
return. Instructions: Enter your answer as a whole
number. Instructions: What level of excess reserves does the bank now have?
$____________.

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QUESTION
16
Suppose that Serendipity Bank has excess reserves of $8,000 and
checkable deposits of $150,000.
Instructions: Enter your answer as a whole
number.
If the reserve ratio is 20 percent, what is the size of the
banks actual reserves? $__________.
QUESTION
17 
Third National Bank has reserves of $20,000 and checkable
deposits of $100,000. The reserve ratio is 20 percent. Households
deposit $5,000 in currency into the bank and that currency is added
to reserves.
Instructions: Enter your answer as a whole
number.
What level of excess reserves does the bank now have?
$_________.
QUESTION
18
Suppose that Third National Bank has reserves of $20,000 and
checkable deposits of $100,000. The reserve ratio is 20 percent.
The bank sells $5,000 in securities to the Federal Reserve Bank in
its district, receiving a $5,000 increase in reserves in
return. 
Instructions: Enter your answer as a whole
number.
What level of excess reserves does the bank now have?
$____________. QUESTION
16
Suppose that Serendipity Bank has excess reserves of $8,000 and
checkable deposits of $150,000.
Instructions: Enter your answer as a whole
number.
If the reserve ratio is 20 percent, what is the size of the
banks actual reserves? $__________.
QUESTION
17 
Third National Bank has reserves of $20,000 and checkable
deposits of $100,000. The reserve ratio is 20 percent. Households
deposit $5,000 in currency into the bank and that currency is added
to reserves.
Instructions: Enter your answer as a whole
number.
What level of excess reserves does the bank now have?
$_________.
QUESTION
18
Suppose that Third National Bank has reserves of $20,000 and
checkable deposits of $100,000. The reserve ratio is 20 percent.
The bank sells $5,000 in securities to the Federal Reserve Bank in
its district, receiving a $5,000 increase in reserves in
return. 
Instructions: Enter your answer as a whole
number.
What level of excess reserves does the bank now have?
$____________.

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