Question
Can someone explain the steps on how to get this answer? 1 Presume the current reserve ratio is the banks target reserve ratio Assets Liabilities
Can someone explain the steps on how to get this answer?
1
Presume the current reserve ratio is the banks target reserve ratio
Assets Liabilities Reserves: 5
Deposits: ? Loans: 83 If the people of Tycho have a currency ratio of 0.14, Compute the value of the monetary base on Tycho.
Answer:(17.32)
2
Assets Liabilities Reserves: 2
Deposits: ? Loans: 82 What is the reserve ratio for this bank?
Answer: (0.02)
3 Consider the following aggregated t-table for the banking system of Tycho:
Presume the current reserve ratio is the banks target reserve ratio
Assets Liabilities Reserves: 8
Deposits: ? Loans: 82 If the people of Tycho have a currency ratio of 0.32, Compute the value of the money supply on Tycho.
Answer: (118.80)
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Financial Reporting and Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
7th edition
1259722651, 978-1259722653
