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Macroeconomics Study Set 21
Quiz 14: The Federal Reserve and Monetary Policy
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Question 361
Essay
Demand deposits $125,000,000 Time deposits: Original maturity (less than 18 months): $1 billion Original maturity (18 months or more): $500 million Use the information above to find this bank's required reserves.
Question 362
Essay
If a bank has reserves of $150 million and demand deposits of $1.2 billion,how much are the bank's (a)required reserves and (b)excess reserves?
Question 363
Essay
If a bank has reserves of $100 million and demand deposits of $700 million,how much are the bank's (a)required reserves and (b)excess reserves?
Question 364
Essay
Demand deposits $200 million Time deposits: Original maturity (less than 18 months): $100 million Original maturity (18 months or more): $400 million Use the information above to find the bank's required reserves.