The bank you own has the following balance sheet. Assets Liabilities Reserves $110 million Deposits $660 million Loans $

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The bank you own has the following balance sheet. Assets Liabilities Reserves $110 million Deposits $660 million Loans $

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The Bank You Own Has The Following Balance Sheet Assets Liabilities Reserves 110 Million Deposits 660 Million Loans 1
The Bank You Own Has The Following Balance Sheet Assets Liabilities Reserves 110 Million Deposits 660 Million Loans 1 (21.97 KiB) Viewed 34 times
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The bank you own has the following balance sheet. Assets Liabilities Reserves $110 million Deposits $660 million Loans $685 million Bank capital $135 million If the bank suffers a deposit outflow of $85 million with a desired reserve ratio on deposits of 10%, what action(s) should you take? (Select all that apply.) A. Borrow $32.5 million reserves from the Bank of Canada B. Borrow $85 million from other banks or corporations. C. Call in or sell off $85 million of loans from the Bank of Canada. OD. Call in or sell off $32.5 million of loans. E. Call in or sell off $16.3 million of loans from the Bank of Canada. F. Acquire $85 million of new loans. G. Borrow $32.5 million from other banks or corporations H. Acquire $16.3 million of new loans.
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