work i Suppose the reserve requirement is 20%, banks hold no excess reserves, and there are no additional currency holdi

[answerhappygod]

Work I Suppose The Reserve Requirement Is 20 Banks Hold No Excess Reserves And There Are No Additional Currency Holdi 1 (53.26 KiB) Viewed 15 times

work i Suppose the reserve requirement is 20%, banks hold no excess reserves, and there are no additional currency holdings. Find the change in deposits, reserves, and loans for each bank in the following scenario. Assets Change in Reserves: $ Change in Loans: S Instructions: Round your answers to two decimal places. a. Henry receives a check for $6,500 from selling his car and deposits the check into Tennessee Bank. Use the table below to show the change in assets and liabilities at Tennessee Bank resulting from this transaction. Assets Change in Reserves: Change in Loans: $ Liabilities Change in Deposits: 5 Saved Assets Change in Reserves: S Help b. Suppose that Julie gets a loan from Tennessee Bank in the amount from the "Loans" cell in the table in part a, and uses it to buy some tools from Todd. Todd deposits the money from Julie into Kentucky Bank. Use the table below to show the change in assets and liabilities at Kentucky Bank resulting from this transaction. Liabilities Change in Deposits: $ Save & Exit Liabilities Change in Deposits: $1 c. Now suppose that Sue gets a loan from Kentucky Bank in the amount from the "Loans" cell in the table in part b, and buys some furniture from Jerry with the money. Jerry takes the money from the furniture and deposits it into Indiana Bank. Use the table below to show the change in assets and liabilities at Indiana Bank resulting from this transaction.