it's desires reserve ratio is 3%
assets- reserves:80,000
loans:1920,000
liabilities- demand deposits: 2,000,000
a)Does this bank have excess reserves or just the right amount of reserves ? how do you know?
b)calculate the amount of additional reserve this bank would like to loan out to customers
c)if this bank loans out the reserves you calculated in part ( b above, how much will the money supply change as a result