Assume that a bank bas on its asset side reserves of 1000 and loans of 6000 and, on its liability side, deposits of 7000. Assume that the required reserves are 10 percent of deposits. a) How much is the bark required to hold as reserves given its deposits of 7000? Required reserves: type your answer b) How much are its excess reserves? Excess Reserves: E type your answer. c) Suppose a depositor comes to the bank and withdraws 400 in cash. Assuming the bank obtains the cash by drawing down its reserves, the bank's excess reserves are now. E type your answer The percentage reserves of the deposits is now: type your answer.. The bank is choose your answer.. the required reserves