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(16 points) A bank has $50,000 in deposits and has $3,400 in reserves. a) What is its reserve ratio if the bank holds no excess

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(16 points) A bank has $50,000 in deposits and has $3,400 in reserves. a) What is its reserve ratio if the bank holds no excess reserves? b) If the Fed sets reserve ratio as 5 percent, what is the excess reserve? c) What is the money multiplier if the reserve ratio is 12.5 percent? d) How much money the banking system will create if 10,000 dollars are deposited to this bank and the reserve ratio is 12.5 percent

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