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Consider the following balance sheet for PNC.

AssetsLiabilities
Reserves400Deposits800
Loans400

Suppose that PNC 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
Reserves96Deposits400
Loans

Given this data, what is the amount of loans?

Hint

Consider the following balance sheet for PNC.

AssetsLiabilities
Reserves310Deposits
Loans690

Given this data, what is the amount of deposits?

Hint

Consider the following balance sheet for US Bank.

AssetsLiabilities
ReservesDeposits1000
Loans930

Given this data, what is the amount of reserves?

Hint