Table 13.2: FIRST CHARTER BANK Assets Reserves Loans Total Liabilities Deposits Net Worth Total ? ? $700 $200 $900 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: a) $100. b) $150. c) $140. d) $180.

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Chapter14: Banking And The Money Supply
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Table 13.2:
FIRST CHARTER BANK
Assets
Reserves
$700
$200
$900
Liabilities
Deposits
Net Worth
?
?
Loans
?
Total
Total
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:
a) $100.
b) $150.
c) $140.
d) $180.
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
Transcribed Image Text:Table 13.2: FIRST CHARTER BANK Assets Reserves $700 $200 $900 Liabilities Deposits Net Worth ? ? Loans ? Total Total 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: a) $100. b) $150. c) $140. d) $180. 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
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