If excess reserves are $50,000,demand deposits are $1,000,000,and the minimum reserve requirement is 5 percent,then total reserves are:

Name: If excess reserves are $50,000,demand deposits are $1,000,000,and the minimum reserve requirement is 5 percent,then total reserves are:
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Total reserves include both required reserves and excess reserves. Required reserves are 5% of $1,000,000, which is $50,000. Adding the excess reserves of $50,000 gives total reserves of $100,000.

If Excess Reserves Are $50,000,demand Deposits Are $1,000,000,and the Minimum