3.

The table below is the balance sheet for the Oilers Bank, which has a target reserve ratio of 20%. Assets Liabilities/Equity Reserves $25, 000 Demand Deposits $90,000 Loans 77, 500 Shareholders' equity 25, 000 Securities 21, 250 Fixed assets 11, 250 Total 135,000 Total 115, 000 a. The Oilers Bank is under-reserved v by $ b. The bank makes a loan equal to the excess reserves and the borrower writes a cheque (for the full amount of the loan) to another customer of the bank, who then deposits it. The new amount of excess reserves is $ c. Instead, the cheque written by the borrower is cleared against the Oilers Bank (the cheque was written to a customer of another bank). The amount of excess reserves held by the Oilers Bank is $Fill in the blanks in the balance sheet of the Flames Bank in the table below. Assume that the value of fixed assets is the same as shareholders' equity and that the bank is fully loaned up. The target reserved ratio is 6%. Assets Liabilities/Equity Reserves to 5400 Demand deposits $90, 000 Loans Shareholders' Equity Securities 11, 000 Fixed Assets Total 114000 Total $114, 000The table below is the balance sheet for all banks combined in the banking system. All banks have a target reserve ratio of 8%. Assets Liabilities/Equity Reserves $117, 000 $ Demand Deposits $1, 350,000 to Loans 1, 080, 000 Shareholders' equity 150,000 Securities 150, 000 Fixed assets 153,000 Total 1, 500,000 Total 1, 500,000 a. The amount of excess reserves is $ b. The maximum amount that loans and deposits could be increased by is $ c. Assume that the system becomes fully loaned up. Show the new balance sheet in the table above. d. Now that the system is fully loaned up, the money supply will have increased by $