# If loans are 300000 checkable deposits are 600000 and

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Chapter 15 / Exercise 9
Macroeconomics for Today
Tucker
Expert Verified
44.If loans are \$300,000, checkable deposits are \$600,000, and the required reserve ratio is 40 percent, then excess reserves are:a.\$360,000.b.\$240,000.c.\$120,000.d.\$60,000.e.\$30,000.ANS:D
PTS:1DIF:MTOP:Banking balance sheetTYP:SA45.If loans are \$69,000, excess reserves are \$1,400, and checkable deposits are \$80,000, then the required reserve ratio must be:
PTS:1DIF:MTOP:Banking balance sheetTYP:CA46.If your bank receives a checkable deposit of \$20,000, and the banking system makes loans totaling \$180,000, the maximum possible, then the required reserve ratio must be:
PTS:1DIF:DTOP:Banking balance sheetTYP:CA47.The required reserve ratio is:
PTS:1DIF:ETOP:Banking balance sheetTYP:RE48.The required reserve ratio is the:a.actual amount of reserves that banks must hold.b.excess amount of reserves that a bank must hold.c.minimum amount of reserves the Fed requires a bank to hold.d.total amount of reserves that banks hold at all times.e.maximum amount of reserves that banks can hold to remain liquid.ANS:C
PTS:1DIF:ETOP:Banking balance sheet
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Chapter 15 / Exercise 9
Macroeconomics for Today
Tucker
Expert Verified
TYP:REExhibit 19-1 Balance sheet of First Iliad State BankAssetsLiabilitiesRequired reserves\$1,000,000Demand deposits\$10,000,000Excess reserves0Loans\$ 49.In Exhibit 19-1, if the required reserve ratio is raised to 15 percent, First Iliad State will have to convertloans worth:
PTS:1DIF:DTOP:Banking balance sheetTYP:CA50.In Exhibit 19-1, if the required reserve ratio is lowered to 5 percent, First Iliad State will be able to make additional loans worth:
PTS:1DIF:MTOP:Banking balance sheetTYP:CA51.In Exhibit 19-1, if the required reserve ratio is lowered to 8 percent, then First Iliad State will:
PTS:1DIF:MTOP:Banking balance sheetTYP:CA