Refer to the bank balance sheet above. Suppose values are in millions of dollars. Assume banks require, or desire, to hold ( 10 % ) of transaction deposits in reserve. Calculate required reserves. Answer in millions and do not enter a $ sign. Refer to the bank balance sheet above. Suppose values are in millions of dollars. Assume banks requi

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Refer to the bank balance sheet above. Suppose values are in millions of dollars. Assume banks require, or desire, to hold  ( 10  %  ) of transaction deposits in reserve. Calculate required reserves. Answer in millions and do not enter a  $ sign.  Refer to the bank balance sheet above. Suppose values are in millions of dollars. Assume banks require, or desire, to hold  ( 10  %  ) of transaction deposits in reserve. Calculate excess reserves. Answer in millions and do not enter a  (  $  ) sign.

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