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Module 6 Quiz Part 2

Module 6 Quiz Part 2

Q Question 1 4 / 4 pts Consider the following information Reserve ratio: 4% Loans: $5,800 Deposits: $7,900 Cash/Reserves $2,100 Excess reserves reserves equal __________. (Answer in whole numbers only; no dollar signs, commas or decimals)

Q Question 2 4 / 4 pts Calculate the amount of M1 money created if excess reserves = $12,000 and a reserve ratio 10%. (no dollar signs, commas or decimals Question 3 4 / 4 pts Calculate the multiplier if excess reserves = $9,000 with a reserve ratio of 12.5%. (no dollar signs or commas). Question 4 4 / 4 pts Consider the following information: Reserve ratio 8% Cash/Reserves $44,100 Loans $196,600 Deposits $210,700 Excess reserves equal _________. Question 5 4 / 4 pts Consider the following information: Reserve ratio: 4% Loans: $5,800 Deposits: $7,900 Cash/Reserves $2,100 Required reserves equal __________. (Answer in whole numbers only; no dollar signs, commas or decimals)

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1.1,784 2.120,000