To calculate the values of reserves, required reserves, and excess reserves, while assuming a required reserve ratio of 10%, we have the required reserves to be $500.
This is because based on the assumed reserve ratio and the knowledge of the banking system, the required reserves is calculated as below.
Required Reserves: $5,000 × 0.10= $500.
Also, the calculated amount for the excess is: $4,500.
Where Required Excess: $5,000 - $500 = $4,500
The Reserves: $5,000.
Hence, in this case, it is concluded that the Required is $500, while the Excess is $4,500 and the Reserves is $5,000.
Learn more here: brainly.com/question/12988722
