The balance sheet below shows the effect of a new 2,800 deposit in Bank A. Assume that the commercial banks have established a 16 percent desired…
not sure how to do these questions, thank you in advance The balance sheet below shows the effect of a new 2,800 deposit in Bank A. Assume that the commercial banks have established a 16 percent desired reserve and that no bank holds excess reserves. BAN K An s LiabilitiesReserves 2,800 Deposits 2,800 Loans 0 Assume that Bank A lends its excess reserves to Mr. […]