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Bank XYZ has the following bank balance sheet: Assets Li…

Posted byAnonymous September 28, 2024March 20, 2025

Questions

Bаnk XYZ hаs the fоllоwing bаnk balance sheet: Assets Liabilities Tоtal Reserves $150,000 Demand deposits $100,000 Required reserves $10,000 Savings deposits $50,000 Excess reserves $140,000 What is the reserve requirement ratio set at? John deposits $1,000 in a demand deposit account and $500 in a savings deposit account. What is the new required reserves balance? What is the new excess reserves balance? Complete the following: Calculate the change in the money supply as a result of John’s deposits. Is this an increase or decrease in the money supply? As a result of your answer in part “c”, explain how will this affect aggregate demand in the short run? Submissions:-Text Entry and/or Insert your File using Image Upload in your response with graphs: Draw and insert your graph (using the Image Upload) and then type your answer the questions below your graph

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Tags: Accounting, Basic, qmb,

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