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Consider the following balance sheet for Citi.

AssetsLiabilities
Reserves600Deposits2000
Loans1400

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 US Bank.

AssetsLiabilities
Reserves1080Deposits2400
Loans

Given this data, what is the amount of loans?

Hint

Consider the following balance sheet for US Bank.

AssetsLiabilities
Reserves220Deposits
Loans880

Given this data, what is the amount of deposits?

Hint

Consider the following balance sheet for Bank of America.

AssetsLiabilities
ReservesDeposits2600
Loans2028

Given this data, what is the amount of reserves?

Hint