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Question 5 please worked out no excel. institution holds vault cash of the K. Assume a depository S milion and reserve deposits at the Fed
Question 5 please worked out no excel. institution holds vault cash of the K. Assume a depository S milion and reserve deposits at the Fed of $25 million, and has borrowed $2 million from the Fed's discount window. If 16 that institution holds $300 million in transactions deposits th penl me ndis subject to a 3 percent reserve requirement on the first 1 50 million of those deposits and to a reserve requirement of m 0 percent on all transactions deposits over $50 million, what are its required reserves? What are its excess reserves? 1
Question 5 please worked out no excel.
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