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Consider the following balance sheet for Bank of America.

AssetsLiabilities
Reserves1134Deposits2700
Loans1566

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 Capital One.

AssetsLiabilities
Reserves516Deposits1200
Loans

Given this data, what is the amount of loans?

Hint

Consider the following balance sheet for Wells Fargo.

AssetsLiabilities
Reserves232Deposits
Loans2668

Given this data, what is the amount of deposits?

Hint

Consider the following balance sheet for Wells Fargo.

AssetsLiabilities
ReservesDeposits3000
Loans1710

Given this data, what is the amount of reserves?

Hint

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