2. The balance sheet below is for a Canadian chartered bank. Assume the desired reserve ratio is 20 percent. All figures are in billions Assets Liabilities and net worth 130 Cash Reserves S51 Demand Deposits S140 Securities 100 Capital Stock Loans 109 Property IO a) How is the desired reserve ratio calculated (what variables are used in the calculation) b) How much excess reserves does this bank have? c) If this bank decides to make loans for the full amount of its excess reserves what is the amount by which this single chartered bank can increase its loans d) What is the value of the money multiplier (show how you calculated this)? e) If all banks decide to make loans for the full amount of its excess reserves what is the amount by which the banking system can increase loans