If excess reserves are $10,000, demand deposits are $100,000 and the required reserve ratio is 10%, then total reserves equal ________?

Assume that a bank has demand deposits of $25,000.  If the legal reserve requirement is 15% then the bank’s required reserves are?   Question 29 options:   a)  $21,250   b)  $15,000   c)  $3750   d)  $25,000

Consider the following T-account for National City Bank: Assets Reserves $10,000 Loans $90,000 A) $10,000 If the required reserve ratio is lowered to 8 percent, how much can National City loan out? B) $8,000 C) $2,000 Liabilities D) $0 Deposits $100,000

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