if the required reserve ratio is 10 percent the banking system currently has excess reserves equal to

Experts are tested by Chegg as specialists in their subject area. We review their content and use your feedback to keep the quality high. Transcribed image text: If the required reserve ratio is 10 percent, the banking system currently has excess reserves equal to: $10 billion.

Explanation:

answer; (1) blank; decreases; ///blank(2) increases; ///blank(3)increases;