Assignments: PRINCIPLES OF ECONOMICS (MACRO) 30473 M Question 32-Problem Set 3-Connect Saved Help Sa a. What is the amount of excess reserves in this commercial banking system? $ billion What is the maximum amount the banking system might lend? $ billion *Book Show in columns 1(a) and 1(a) how the consolidated balance sheet would look after this amount has been lent. Enter these new values in the gray shaded cells of the given table. Print What is the size of the monetary multiplier? References b. Using the original figures, answer the questions in part a assuming the reserve ratio is 20 percent. What is the amount of excess reserves in this commercial banking system? $ billion What is the maximum amount the banking system might lend? $ billion < Prev 32 of 42 Next > Problem Set 3 i 32 2.38 points Mc Graw Hill Receipts Travel Folders + New Folder Hide V O SATE 20 wa 26 THE C tv 2 A D BEER
em Set 3 Saved Help 2 b. Using the original figures, answer the questions in part a assuming the reserve ratio is 20 percent. What is the amount of excess reserves in this commercial banking system? $ billion What is the maximum amount the banking system might lend? ook $ billion Show in columns 1(b) and 1(b) how the consolidated balance sheet would look after this amount has been lent. Enter these new values in the gray shaded cells of the given table. ences What is the monetary multiplier? What is the resulting difference in the amount that the commercial banking system can lend when the required reserve ratio is 20 percent rather than 25 percent? It can lend $ billion more
