Question
Assets Liabilities Reserves $x Desposits $14,142 Loans $6,310 Suppose the above T-account is for First National Bank. What is First National Bank's reserve ratio? Round
Assets | Liabilities |
Reserves $x | Desposits $14,142 |
Loans $6,310 |
Suppose the above T-account is for First National Bank. What is First National Bank's reserve ratio? Round your answer to two places after the decimal point (0.01).
Answer: _________
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Principles of economics
Authors: N. Gregory Mankiw
6th Edition
978-0538453059, 9781435462120, 538453052, 1435462122, 978-0538453042
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