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(1) (2) (3) (4) (5) (6) Assets: Reserves $ 50 S S $ Securities 70 Loans 90 Liabilities: Checkable deposits 200 Loans from Federal Reserve

(1) (2) (3) (4) (5) (6) Assets: Reserves $ 50 S S $ Securities 70 Loans 90 Liabilities: Checkable deposits 200 Loans from Federal Reserve 10 A. Required reserves B. Excess reserves C. Change in MI D. How much more can MI change? E. C + D total

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