Question: 13. Use Table 6. Below is the balance sheet for Tribank. The required reserve ratio is 10.00%. Deposits fall by $7. Is the bank deficient
13. Use Table 6. Below is the balance sheet for Tribank. The required reserve ratio is 10.00%. Deposits fall by $7. Is the bank deficient or have excess reserves and by how much? Table 6 Assets Liabilities Reserves 15 Deposits 105 Loans 50 Capital Treasury Securities 45 A. Deficient by -$18.50 B. Excess of $7.00 C. Deficient by -$1.80 D. Excess of $5.20
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