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Category > Economics Posted 19 Jun 2017 My Price 5.00

Consider the balance sheet for the Wahoo Bank as presented here

Consider the balance sheet for the Wahoo Bank as presented here.

Using a required reserve ratio of 10% and assuming that the bank keeps no excess reserves, write the changes to the bank’s balance sheet for each of the following scenarios:

a. Bennett withdraws $200 from his checking account.

b. Roland deposits $500 into his checking account.

Answers

Alpha Geek
(8)
Status NEW Posted 19 Jun 2017 09:06 AM My Price 5.00

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Attachments

file 1497864691-2023428_1_636333981122976636_Reserve-ratio.xlsx preview (165 words )
20-----------234-----------28&-----------amp-----------;am-----------p;i-----------nfo-----------Id=-----------515-----------665-----------Res-----------erv-----------e r-----------ati-----------oCo-----------nsi-----------der----------- th-----------e b-----------ala-----------nce----------- sh-----------eet----------- fo-----------r t-----------he -----------Wah-----------oo -----------Ban-----------k a-----------s p-----------res-----------ent-----------ed -----------her-----------e.W-----------aho-----------o B-----------ank----------- ba-----------lan-----------ce -----------she-----------et -----------Ass-----------ets-----------Lia-----------bil-----------iti-----------es$-----------Req-----------uir-----------ed -----------res-----------erv-----------esC-----------hec-----------kin-----------g d-----------epo-----------sit-----------sEx-----------ces-----------s R-----------ese-----------rve-----------sLo-----------ans-----------Usi-----------ng -----------a r-----------equ-----------ire-----------d r-----------ese-----------rve----------- ra-----------tio----------- of----------- 10-----------% a-----------nd -----------ass-----------umi-----------ng -----------tha-----------t t-----------he -----------ban-----------k k-----------eep-----------s n-----------o e-----------xce-----------ss -----------res-----------erv-----------es,----------- wr-----------ite----------- th-----------e c-----------han-----------ges----------- to----------- th-----------e b-----------ank-----------’-----------s b-----------ala-----------nce----------- sh-----------eet----------- fo-----------r e-----------ach----------- of----------- th-----------e f-----------oll-----------owi-----------ng -----------sce-----------nar-----------ios-----------:a.----------- Be-----------nne-----------tt -----------wit-----------hdr-----------aws----------- $2-----------00 -----------fro-----------m h-----------is -----------che-----------cki-----------ng -----------acc-----------oun-----------t.A-----------s
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