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If you withdraw $500 from your checking account and the required reserve ratio is 5 percent, then the bank's Instructions: Enter your responses as a
If you withdraw $500 from your checking account and the required reserve ratio is 5 percent, then the bank's Instructions: Enter your responses as a whole number. a. total deposits fall by $ b. required reserves fall by $ c. excess reserves fall by $ If you deposit a $200 check in your checking account and the required reserve ratio is 10 percent, then the bank's d. total deposits rise by $ e. required reserves rise by $ f. excess reserves rise by $
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