Question
The table at the right shows the balance sheet for Regal Bank, a hypothetical commercial bank. Assume that Regal Bank has achieved its target
The table at the right shows the balance sheet for Regal Bank, a hypothetical commercial bank. Assume that Regal Bank has achieved its target reserve ratio. a. Regal Bank's target reserve ratio is %. (Round your response to the nearest whole number.) Reserves Loans Balance Sheet: Regal Bank Assets Liabilities $2,500 Deposits $25,000 $25,000 Capital $2,500
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Macroeconomics
Authors: Christopher T S Ragan
15th Edition
013391044X, 978-0133910445
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