If total bank reserves are $17.4bln., excess reserves are $0.5bln., and total deposits are $114.1bln., what is

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If total bank reserves are $17.4bln., excess reserves are $0.5bln., and total deposits are $114.1bln., what is the reserve requirement ratio, in %, to the nearest 0.01%? (E.g., if your answer is 5.833%, record it as 5.83.)

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Core Macroeconomics

ISBN: 978-1464191435

3rd edition

Authors: Eric Chiang

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Posted Date: Feb 25, 2024 03:59 AM

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If total bank reserves are $17.4bln., excess reserves are $0.5bln., and total deposits are $114.1bln., what is

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Core Macroeconomics

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