Question 5 3 OF 7 QUESTIONS REMAINING 1 Point Unless otherwise noted, the reserve ratio is 109% Laker State Bank Assets Liabilities Reserves 300 Checkable Deposits 3000 Loans 1800 Borrowing from Fed 100 Securities 1000 Federal Reserve Bank Assets Liabilities Securities 1200 Currency in Circulation 1300 Loans to Financial Inst. 500 Reserves 300 If the Fed buys $150 of bonds from Laker State Bank, what are the required reserves? Do not include the $ in your answer. Add your answer Integer, decimal or I notation allowed