What level of excess reserves does the bank now have

Assignment Help Econometrics

Reference no: EM131243805

The Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20 percent. Households deposit $5000 in currency into the bank that is added to reserves. What level of excess reserves does the bank now have?

Reference no: EM131243805

Questions Cloud

Discuss why you selected that particular career : Discuss why you selected that particular career, your strengths and weakness concerning the career, and your concerns about the career.

What is this agency philosophy toward self-care : Define self-care. What is this agency's philosophy toward self-care? Evaluate how this philosophy benefits the staff and the work they do with clients. Discuss ramifications when self-care is not used in the human services profession.

Consider the most effective perimeter and network defense : What would you consider the most effective perimeter and network defense methods available to safeguard network assets? Your answer should include at least one practical example of each type of defense and potential type of attack.

Explore the role reading or writing played in your life : A literacy narrative may explore the role reading or writing played at some time in your life, or it may present a situation that needs to be resolved, such as Rose's placement in the vocational track

What level of excess reserves does the bank now have : The Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20 percent. Households deposit $5000 in currency into the bank that is added to reserves. What level of excess reserves does the bank now have..

Determining the common communication devices : What common communication devices are used in homes to connect to the internet and remote networks and what capabilities do these devices provide?

How has the reading on the work of this theorist changed : What do you think the reading tells us about society in general and social order in particular? What two to three points made by the social theorist did you find most interesting? In your own experience of living in society, can you relate to the poi..

Create a class - constructor for a region : The skeleton provides you with several HTML pages and associated JavaScript and CSS files representing the structure of the app. You will need to implement the logic and functionality for each of these pages - demonstrate how to change from one pag..

Electric connection between the rotating coil of wire : What is the name of the component which forms the electric connection between the rotating coil of wire and the external source of electrical energy?

User Account

All Pages