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10 points eBook Print References Balance sheet after first round of loans Assets Currency (= reserves) Loans Amount 500,000 1,500,000 Liabilities Amount Deposits 2,000,00
10 points eBook Print References Balance sheet after first round of loans Assets Currency (= reserves) Loans Amount 500,000 1,500,000 Liabilities Amount Deposits 2,000,00 c. The consolidated balance sheet of Gorgonzolan commercial banks after the first redeposit of guilders is: Balance sheet after redeposits Assets Currency (= reserves) Loans Amount Liabilities 2,000,00 Deposits Amount 3,500,00 d. The consolidated balance sheet of Gorgonzolan commercial banks after two rounds of loans and redeposits is: Balance sheet after second round of loans and redeposits Assets Currency (= reserves) Loans Amount 2,000,00 Liabilities Deposits e. The final values of bank reserves, loans, deposits are: Final consolidated balance sheet Assets Currency Final value of bank reserves Loans Amount Amount Liabilities Amount Deposits The final value of the money supply is: 8,000,00 guilders.
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