Table 13.1: FIRST COMMERCIAL BANK Asset Liabilities $150,000 $100,000 ? Deposits Net Worth Total Reserves: $1,000,000 $200,000 Required Reserves Excess Reserves Loans $1,200,000 Total $1,200,000 Total 15. Refer to Table 13. 1. First Commercial bank's excess reserves equal $_ a) 150,000 b) 250,000 c) 100,000 d) 50,000

ECON MACRO
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ISBN:9781337000529
Author:William A. McEachern
Publisher:William A. McEachern
Chapter14: Banking And The Money Supply
Section: Chapter Questions
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Table 13.1:
FIRST COMMERCIAL BANK
Asset
Liabilities
S150,000
S100,000
Total Reserves:
$1,000,000
$200,000
Deposits
Net Worth
Required Reserves
?
Excess Reserves
?
Loans
$1,200,000
Total
$1,200,000
Total
15. Refer to Table 13. 1. First Commercial bank's excess reserves equal $
a) 150,000
b) 250,000
c) 100,000
d) 50,000
Transcribed Image Text:Table 13.1: FIRST COMMERCIAL BANK Asset Liabilities S150,000 S100,000 Total Reserves: $1,000,000 $200,000 Deposits Net Worth Required Reserves ? Excess Reserves ? Loans $1,200,000 Total $1,200,000 Total 15. Refer to Table 13. 1. First Commercial bank's excess reserves equal $ a) 150,000 b) 250,000 c) 100,000 d) 50,000
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