Alpha Bank's balance sheet is shown in the following table 
If the bank is fully loaned-up, what is its required reserve ratio? Suppose a depositor adds $5,000 to her account with Alpha Bank. Alpha Bank uses the additional deposit to make a loan and the funds are deposited in Beta Bank, which then makes loans so as to be fully loaned-up. What does Beta Bank's balance sheet look like after the new borrowers spend the money they were loaned?
Definitions:
Median
The middle value in a data set, which divides the data into two halves with an equal number of observations above and below it.
Mean
The average value of a set of numbers, calculated by dividing the sum of all the values by the number of values.
Mode
The most common number found within a given collection of data.
Frequency Distributions
A summary of data showing the number of observations in each of several non-overlapping categories or bins.
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