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Consider the following balance sheet for Citi.

AssetsLiabilities
Reserves375Deposits2500
Loans2125

Suppose that Citi lends out all the money allowed. Given this data, what is the required reserve ratio (in percentage terms)?

Hint

Consider the following balance sheet for PNC.

AssetsLiabilities
Reserves486Deposits1800
Loans

Given this data, what is the amount of loans?

Hint

Consider the following balance sheet for Bank of America.

AssetsLiabilities
Reserves140Deposits
Loans260

Given this data, what is the amount of deposits?

Hint

Consider the following balance sheet for Citi.

AssetsLiabilities
ReservesDeposits2100
Loans1953

Given this data, what is the amount of reserves?

Hint

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