Consider the following balance sheet for Wells Fargo.
| Assets | Liabilities | ||
|---|---|---|---|
| Reserves | 16 | Deposits | 200 |
| Loans | 184 |
Suppose that Wells Fargo 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 Bank of America.
| Assets | Liabilities | ||
|---|---|---|---|
| Reserves | 144 | Deposits | 300 |
| Loans |
Given this data, what is the amount of loans?
Hint
Consider the following balance sheet for Wells Fargo.
| Assets | Liabilities | ||
|---|---|---|---|
| Reserves | 308 | Deposits | |
| Loans | 792 |
Given this data, what is the amount of deposits?
Hint
Consider the following balance sheet for Capital One.
| Assets | Liabilities | ||
|---|---|---|---|
| Reserves | Deposits | 400 | |
| Loans | 256 |
Given this data, what is the amount of reserves?
Hint