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Consider the following balance sheet for Bank of America.

AssetsLiabilities
Reserves255Deposits1500
Loans1245

Suppose that Bank of America 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 US Bank.

AssetsLiabilities
Reserves986Deposits2900
Loans

Given this data, what is the amount of loans?

Hint

Consider the following balance sheet for Capital One.

AssetsLiabilities
Reserves504Deposits
Loans1296

Given this data, what is the amount of deposits?

Hint

Consider the following balance sheet for Citi.

AssetsLiabilities
ReservesDeposits300
Loans216

Given this data, what is the amount of reserves?

Hint

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