The table shows the balance sheet of a banking system (aggregated over all banks). The desired reserve ratio on all deposits is 5 percent. There is no currency drain. Assets Liabilities (millions of dollars) What is the quantity of loans and the quantity of total deposits when the banks have no excess reserves? Reserves at the Fed Cash in vault 35 30 Savings deposits 125 70 90 Checkable deposits 100 >>>Answer to 2 decimal places Loans The total quantity of loans after the banks have lent all their excess reserves is million. The total quantity of deposits after the banks have lent all their excess reserves is million