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Suppose a bank's balance sheet looks like this: Assets Liabilities Reserves Deposits $ 1,000 Required 100 Excess 220 EA tA Loans 680 Total assets 1,000

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Suppose a bank's balance sheet looks like this: Assets Liabilities Reserves Deposits $ 1,000 Required 100 Excess 220 EA tA Loans 680 Total assets 1,000 Total liabilities $ 1,000 Instructions: Enter your responses as a whole number. a. What is the required reserve ratio? b. How much money can this bank still lend? $ 220

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