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Suppose that Econ Bank has excess reserves of $10,000 and checkable deposits of $150,000. If the reserve ratio is 25percent, what is the size of

Suppose that Econ Bank has excess reserves of $10,000 and checkable deposits of $150,000. If the reserve ratio is 25percent, what is the size of the bank's actual reserves?

Econ Bankhas reserves of $40,000 and checkable deposits of $100,000. The reserve ratio is 25 percent. A customer deposits $10,000 in currency into Econ Bank and that currency is added to reserves. What level of excess reserves does the bank now have?

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