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Macroeconomic 0 Points: 0 of 1 The table shows a bank's balance sheet. The bank has no excess reserves and there is no currency drain.

Macroeconomic

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0 Points: 0 of 1 The table shows a bank's balance sheet. The bank has no excess reserves and there is no currency drain. Calculate the bank's desired reserve ratio. > Answer to 1 decimal place. The bank's desired reserve ratio is 1:] percent of deposits. Assets Reserves at the Fed Cash in vault Securities Loans Liabilities (millions of dollars) 25 10 60 120 Checkable deposits Savings deposits 100 115

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