A bank has $132,000 in excess reserves and the required reserve ratio is 11 percent. This means the bank could have in checkable deposit liabilities and in (total) reserves.

Reserve Ratio is the amount of liabilities that are held reserved by the commercial banks. The ratio indicated the amount which the bank has to hold as a reserve. Any amount in access of this ratio can be invested or held in bank reserves.

So in this question, the reserve ratio is 11%, of $132000, which is 14520 dollars. So 117480 dollars are left which can be invested to deposited in the total reserves. So A bank has $132000 in excess reserves and the required reserve ratio is 11%. This means the bank could have $14520 in checkable deposit liabilities and $117480 in total reserves.

A bank has $132,000 in excess reserves and the required reserve ratio is 11 percent. This means the bank could have __________ in checkable deposit liabilities and __________ in (total) reserves.

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A bank has $132,000 in excess reserves and the required reserve ratio is 11 percent. This means the bank could have in checkable deposit liabilities and in (total) reserves.