$\begin{array}{l|l}\text { Assets }&\text { Liabilities }\
\hline
\text { Total reserves }\quad\$100,000&\text { Transactions accounts }\quad\$400,000\
\text { Loans }\quad300,000
\end{array}$

Table 13.1
XYZ Bank Balance Sheet Refer to Table 13.1.With a required reserve ratio of 12 percent,XYZ Bank would have excess reserves of

Question

$\begin{array}{l|l}\text { Assets }&\text { Liabilities }\
\hline 
\text { Total reserves }\quad\$100,000&\text { Transactions accounts }\quad\$400,000\
\text { Loans }\quad300,000
\end{array}$

Table 13.1
XYZ Bank Balance Sheet Refer to Table 13.1.With a required reserve ratio of 12 percent,XYZ Bank would have excess reserves of

Quizplus · Accepted Answer

The required reserves are 12% of $400,000, which is $48,000. The total reserves are $100,000, so the excess reserves are $100,000 - $48,000 = $52,000.

Table 131 XYZ Bank Balance Sheet Refer to Table 13

Table 131
XYZ Bank Balance Sheet Refer to Table 13