Suppose a bank has $200,000 in deposits,a required reserve ratio of 15 percent,and total reserves of $100,000.Then it has excess reserves of

Name: Suppose a bank has $200,000 in deposits,a required reserve ratio of 15 percent,and total reserves of $100,000.Then it has excess reserves of
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The bank's required reserves are 15% of $200,000, which equals $30,000. Since it has total reserves of $100,000, the excess reserves are $100,000 - $30,000 = $70,000.

Suppose a Bank Has $200,000 in Deposits,a Required Reserve Ratio