The following is the balance sheet of the whole banking system (all figures are in $billions)which has a target reserve ratio of 20 percent:

-Refer to the information above to answer this question.At present,what is the amount of excess reserves of the commercial banking system?

Question

The following is the balance sheet of the whole banking system (all figures are in $billions)which has a target reserve ratio of 20 percent:
 
-Refer to the information above to answer this question.At present,what is the amount of excess reserves of the commercial banking system?

Quizplus · Accepted Answer

Excess reserves are calculated as total reserves minus required reserves. If the total reserves equal the required reserves, then excess reserves are $0.

The Following Is the Balance Sheet of the Whole Banking