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ER is -15,0000...hard to see the negative 1. The 544 National Bank (544NB) recently discovered that it had Demand Deposits balances of (DD-) $1,000,000 and

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ER is -15,0000...hard to see the negative

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1. The 544 National Bank (544NB) recently discovered that it had Demand Deposits balances of (DD-) $1,000,000 and Excess Reserves of (ER-)-$15,000. The required reserve ratio is (r ) 10 percent. The 544NB has Total Reserves of (TR-): 0. $115,000. b. $100,000 c. $90,000 d. $85,000. e. Unavailable with the information provided

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