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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

Apr 15 2021 View more View Less