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2. Write your answers in the space provided. Show your work below. Consider the partial bank balance sheet. Required reserve ratio is 10%. Assets Liabilities
2. Write your answers in the space provided. Show your work below. Consider the partial bank balance sheet. Required reserve ratio is 10%. Assets Liabilities and Owners' Equity Reserves $1,200 Deposits $6,000 Loans $8,000 Debt $800 Short-term securities $800 Capital(owner's equity) $200 Answers Questions a. What are required reserves? b. What are excess reserves? If the bank sells $200 of its short-term securities to the Federal Reserve, what vievol 290m C. are the new reserves? If the bank sells $200 of its short-term securities to the Federal Reserve, what d. | are the new excess reserves
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