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The table shows the commercial banks' balance sheet (aggregated over all the banks). The commercial banks' desired reserve ratio on all deposits is 10 percent
The table shows the commercial banks' balance sheet (aggregated over all the banks). The commercial banks' desired reserve ratio on all deposits is 10 percent and there is no currency drain. What is the quantity of loans and the quantity of total deposits when the banks have no EXCESS reserves? >>> Answer to 2 decimal places. E) The total quantity of loans after the banks have lent all their excess reserves is $ million. Assets Liabilities (millions of dollars) Reserves at the Fed 25 Cash in vault 10 Securities 55 Loans 105 Checkable deposits Savings deposits 115 80
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