Assets Liabilities Deposits at The Fed $40,000 Checkable Deposits $500,000 Cash $10,000 Net Worth /Capital $20,000 Loans $300,000 Securities $150,000 Fed Stock $20,000
1. What is the reserved ratio?
2. If 10,000 was deposited how much would the bank have on hand?
3. With the deposit what is the new total of reserves?
4. What are the new required reserves?