Question
13. Consider the following simplified balance sheet for a bank: Assets Liabilities Reserves $10,000 Deposits $70,000 Loans $66,000 Shareholder's $ 6,000 equity 1. If a
13. Consider the following simplified balance sheet for a bank:
Assets | Liabilities | ||
Reserves | $10,000 | Deposits | $70,000 |
Loans | $66,000 | Shareholder's $ 6,000 | |
equity |
1. If a person decided to deposit $1000, using the simple deposit multiplier, calculate the maximum change in the demand deposits and money supply?
2. If a person decided to withdraw $1000, using the simple deposit multiplier, calculate the maximum change in the demand deposits and money supply?
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Mining And The State In Brazilian Development
Authors: Gail D Triner
1st Edition
1317323580, 9781317323587
