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Macroeconomics 001 - Winter 2022 Jiayin Dai 03/19/22 3:10 PM Homework: Assignment 8 Question 21, 8.4 Extra HW Score: 76.92%, 20 of 26 Problem 1

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Macroeconomics 001 - Winter 2022 Jiayin Dai 03/19/22 3:10 PM Homework: Assignment 8 Question 21, 8.4 Extra HW Score: 76.92%, 20 of 26 Problem 1 (algo) points x Points: 0 of 1 Save The table gives information about the commercial banks in Zap. Item $millions If banks have no excess reserves, what is the banks' desired reserve ratio? Reserves 200 Loans 3.000 Deposits 4,000 Total assets ,400 The desired reserve ratio is 3 percent. > >>Answer to 1 decimal place. Etext pages Grapher Ask my instructor Clear all Final check

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