Bank A has $25,500 in required reserves.The required reserve ratio is 10 percent.Bank A has checkable deposits of

Name: Bank A has $25,500 in required reserves.The required reserve ratio is 10 percent.Bank A has checkable deposits of
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Question

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The required reserve ratio is the percentage of deposits that a bank must hold as reserves. To find the total amount of checkable deposits Bank A has, you divide the required reserves by the reserve ratio: $25,500 / 0.10 = $255,000.

Bank a Has $25,500 in Required Reserves