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Suppose that an open economy starts with $1,000 and all of this money is deposited into a First Economy Bank. The T-account for First Economy

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Suppose that an open economy starts with $1,000 and all of this money is deposited into a First Economy Bank. The T-account for First Economy bank is shown below. Required Reserves 100 Deposits $1000 Loans $400 Treasury Bills $800 Given the information above, how much capital does the bank currently hold and what is the required reserve ratio (:3. $300; 1% ('3. $1,300; 10% (:3. $1000; 10% {if} $500; 40%

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