(Answered) There is a balance sheet with assets side having reserves

Finance

There is a balance sheet with assets side having reserves of $400 and loans of $1400 and the liabilities & net worth side has checking deposit of $2000 and net worth of $0. 1. What is the required reserve ratio? 2. If the total money stock (supply) is $100,000, find the total amount of cash reserves in the vaults of all banks in the economy.

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