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Use this account for a bank to answer the following questions: Assets Reserves 1500 Loans 9000 Other Assets 15000 Liabilities Deposits 10500 Equity 15000 The required reserve ratio is 10% Refer to pro

Use this account for a bank to answer the following questions: Assets Reserves 1500 Loans 9000 Other Assets 15000 Liabilities Deposits 10500 Equity 15000 The required reserve ratio is 10% Refer to problem 3. How much is the bank required to hold as reserves? O $ 1000 O $ 1050 O S.105 O $ 1500
Refer to problem 3. How much are its excess reserves? $ 500 O $ 450 O $ 1395 O $ Zero Refer to problem 3. Can the bank give any more loans? More loans by $ 450 O More loans by S 9000 More loans by S 500 O The bank is fully loaned
Refer to problem 3. By how much the money supply will increase? * $ 450 O $ 1050 O $ 4500 O By the same amount of change in reserves Refer to problem 3. If the required reserve ratio fell to 5%. The money supply will Increase by $19500 Increase by $9000 Increase by $0750 Increase by $975


Problem 3 Use this account for a bank to answer the following questions: Assets Reserves 1500 Loans 9000 Other Assets 15000 L
Refer to problem 3. How much are its excess reserves? $ 500 O $ 450 O $ 1395 O $ Zero Refer to problem 3. Can the bank give a
Refer to problem 3. By how much the money supply will increase? * $ 450 O $ 1050 O $ 4500 O By the same amount of change in r

Apr 15 2021 View more View Less

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