Suppose total deposits in the First Bank of Commerce are $100,000 and required reserves are $10,000. Based on this information, the required reserve ratio is:

Name: Suppose total deposits in the First Bank of Commerce are $100,000 and required reserves are $10,000. Based on this information, the required reserve ratio is:
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The required reserve ratio is calculated by dividing the required reserves by the total deposits. In this case, $10,000 / $100,000 = 0.10 or 10%.

Suppose Total Deposits in the First Bank of Commerce Are