The table given below shows the assets and liabilities of the National Bank.Assume that this is the only bank in the economy. Table 13.2
Refer to Table 13.2.Calculate the change in the bank's excess reserves if the reserve requirement is decreased from 10% to 5%.
A)+$272.5
B)+$236
C)-$2, 360
D)-$1877.5
E)-$3, 210

Question

The table given below shows the assets and liabilities of the National Bank.Assume that this is the only bank in the economy. Table 13.2
 Refer to Table 13.2.Calculate the change in the bank's excess reserves if the reserve requirement is decreased from 10% to 5%.
A)+$272.5 
B)+$236 
C)-$2, 360 
D)-$1877.5 
E)-$3, 210

Quizplus · Accepted Answer

The Answer of The table given below shows the assets and liabilities of the National Bank.Assume that this is the only bank in the economy. Table 13.2
 Refer to Table 13.2.Calculate the change in the bank's excess reserves if the reserve requirement is decreased from 10% to 5%.
A)+$272.5 
B)+$236 
C)-$2, 360 
D)-$1877.5 
E)-$3, 210

The Table Given Below Shows the Assets and Liabilities of the National