Question: If there is no currency drain, what is the quantity of loans and the quantity of total deposits when the bank has no excess reserves?

If there is no currency drain, what is the quantity of loans and the quantity of total deposits when the bank has no excess reserves?

The People€™s Bank of China lowered the required reserve ratio from 17.5 percent to 17 percent, noting that it remained much higher than in other countries.

Liabilities Assets (millions of dollars) 25 Reserves at the Fed Cash in vault Securities Loans Checkable deposits 15 Sav

Liabilities Assets (millions of dollars) 25 Reserves at the Fed Cash in vault Securities Loans Checkable deposits 15 Savings deposits 90 110 60 100

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