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Federal Reserve legal reserve requirements: Deposit Balance (Smil) Reserve Requirement Transaction Deposits 195,5 10% During the reserve computation period, the bank had the following daily

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Federal Reserve legal reserve requirements: Deposit Balance (Smil) Reserve Requirement Transaction Deposits 195,5 10% During the reserve computation period, the bank had the following daily average balances (in millions) - Demand Deposits $130 NOW Accounts $110 - Brokered Deposits $90 The amount of transactions deposits (millions) at this bank subject to a 0% reserve requirement is O $130.0 O $110.0 $28.1 $0.0 O $195.5 Answer the following six questions based on the table below. Federal Reserve legal reserve requirements for depository Institutions are the Deposit Balance (Smil) Reserve Requirement Transaction Deposits 195.5 10% During the reserve computation period, the bank had the following daily average balances (in millions) Demand Deposits $130 NOW Accounts 5110 Money market funds 595 The average transactions deposit balance (in millions) at this bank during the reserve computation period was O $335.0 O $2250 O $110.0 O $130.0 $240.0 Federal Reserve legal reserve requirements: 0% Deposit Balance (Smil) Reserve Requirement Transaction Deposits 195.5 10% During the reserve computation period, the bank had the following daily average balances (in millions): - Demand Deposits $130 - NOW Accounts $110 Brokered Deposits $90 The amount of transactions deposits (millions) at this bank subject to a 3% reserve requirement is O $28.1 O $167 4.0 O $1955 $0.0 O $240 0 Federal Reserve legal reserve requirements Deposit Balance (Smil) Reserve Requirement Transaction Deposits 195.5 10% During the reserve computation period, the bank had the following daily average balancen (in Milliona) Demand Deposits $130 NOW Accounts 5110 - Brokered Deposits $90 The amount of transactions deposits (millions) at this bank subject to a 10% reserve requirement is $240.0 $335.0 O $44.5 $195.5 $139,5 Federal Reserve legal reserve requirements: Deposit Balance (Smil) Reserve Requirement Transaction Deposits 195.5 10% During the reserve computation period, the bank had the following daily average balances (in million) Demand Deposits $130 NOW Accounts $110 - Brokered Deposits $90 The total required reserves during the maintenance period (millions) are O $33.500 $9.472 O $18.972 O $10.315 $5.022 Question 37 Federal Reserve legal reserve requirements Deposit Balance (Smil) Reserve Requirement Transaction Deposits 195.5 10% During the reserve computation period, the bank had the following daily average balances in millions - Demand Deposits $130 - NOW Accounts $110 - Brokered Deposits 595 During the reserve maintenance period, the bank hold average daily cash reserves of 5100 million. Therefore, its octresstve position (in millions) $0.528 54978 ($8.972) O (523.500) O (50.315) Federal Reserve legal reserve requirements: Deposit Balance (Smil) Reserve Requirement Transaction Deposits 195,5 10% During the reserve computation period, the bank had the following daily average balances (in millions) - Demand Deposits $130 NOW Accounts $110 - Brokered Deposits $90 The amount of transactions deposits (millions) at this bank subject to a 0% reserve requirement is O $130.0 O $110.0 $28.1 $0.0 O $195.5 Answer the following six questions based on the table below. Federal Reserve legal reserve requirements for depository Institutions are the Deposit Balance (Smil) Reserve Requirement Transaction Deposits 195.5 10% During the reserve computation period, the bank had the following daily average balances (in millions) Demand Deposits $130 NOW Accounts 5110 Money market funds 595 The average transactions deposit balance (in millions) at this bank during the reserve computation period was O $335.0 O $2250 O $110.0 O $130.0 $240.0 Federal Reserve legal reserve requirements: 0% Deposit Balance (Smil) Reserve Requirement Transaction Deposits 195.5 10% During the reserve computation period, the bank had the following daily average balances (in millions): - Demand Deposits $130 - NOW Accounts $110 Brokered Deposits $90 The amount of transactions deposits (millions) at this bank subject to a 3% reserve requirement is O $28.1 O $167 4.0 O $1955 $0.0 O $240 0 Federal Reserve legal reserve requirements Deposit Balance (Smil) Reserve Requirement Transaction Deposits 195.5 10% During the reserve computation period, the bank had the following daily average balancen (in Milliona) Demand Deposits $130 NOW Accounts 5110 - Brokered Deposits $90 The amount of transactions deposits (millions) at this bank subject to a 10% reserve requirement is $240.0 $335.0 O $44.5 $195.5 $139,5 Federal Reserve legal reserve requirements: Deposit Balance (Smil) Reserve Requirement Transaction Deposits 195.5 10% During the reserve computation period, the bank had the following daily average balances (in million) Demand Deposits $130 NOW Accounts $110 - Brokered Deposits $90 The total required reserves during the maintenance period (millions) are O $33.500 $9.472 O $18.972 O $10.315 $5.022 Question 37 Federal Reserve legal reserve requirements Deposit Balance (Smil) Reserve Requirement Transaction Deposits 195.5 10% During the reserve computation period, the bank had the following daily average balances in millions - Demand Deposits $130 - NOW Accounts $110 - Brokered Deposits 595 During the reserve maintenance period, the bank hold average daily cash reserves of 5100 million. Therefore, its octresstve position (in millions) $0.528 54978 ($8.972) O (523.500) O (50.315)

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