Assets Liabilities and Equity Required Reserves $5,000 Demand Deposits $25,000 Excess Reserves $10,000 Business Loans $5,000 Student Loans $10,000 Government Securities $10,000 Owner's Equity $10,000 Total Assets $35,000 Total Liability $35,000 Random 1 - Fed Buys Bonds 21. What is the current Required Reserve Ratio? 22. Assume that the FED buys $2,000 in bonds from this bank, show the NEW total for the
Assets Liabilities and Equity Required Reserves $5,000 Demand Deposits $25,000 Excess Reserves $10,000 Business Loans $5,000 Student Loans $10,000 Government Securities $10,000 Owner's Equity $10,000 Total Assets $35,000 Total Liability $35,000 Random 1 - Fed Buys Bonds 21. What is the current Required Reserve Ratio? 22. Assume that the FED buys $2,000 in bonds from this bank, show the NEW total for the
Chapter14: Banking And The Money Supply
Section: Chapter Questions
Problem 2.3P
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