Exhibit 19-7 Lower Walloon National Bank
Assets
Reserves $10,000
Checkable deposits $10,000
Liabilities
In Exhibit 19-7, if the required reserve ratio is 20 percent, and Mr. Brown deposits $10,000 in Lower Walloon National Bank The Lower Walloon National bank has excess reserves of: O a $8,000. O d. $10,000. O e. $0. O Icon Key Exhibit 19-7 Lower Walloon National Bank