最初由 catman 发布
5a. The balance sheet has the following assets: Reserves, $250 million; Loans, $1,000 million; Other assets, $1,250 million. It has the following liabilities: Deposits, $2,000 million; Other liabilities, $500 million.
5b. The reserve ratio is 12.5 percent. The reserve ratio is the percentage of deposits that are held as reserves. Reserves are $250 million and deposits are $2,000 million, so the reserve ratio is 12.5 percent.
5c. The deposit multiplier is 8. The deposit multiplier equals 1/(desired reserve ratio). The desired reserve ratio is 12.5, so the deposit multiplier is 8.