30 minutes

A:50,800

b:85,680

c:31,400

Bank G has (actual) reserves totaling $? , excess reserves totaling $ ?, and required reserves totaling $? .

Carefully follow all numeric instructions; enter only numbers, a decimal point, and/or a negative sign.

Bank G's RoA equals ________ percent.

An insolvent bank

Group of answer choices

has negative equity

has a balance sheet that does not balance according to the accounting identity (equation)

has positive net worth

has liabilities equal to its assets

Consider two completely identical homes, one located in France and one located in England. In France, the home sells for 80,000 Euros, and in England it sells for 60,000 British Pounds.

If 0.8 British Pound exchanges for 1 Euro, then calculate the real exchange rate. (If it helps, think of England as the "domestic" economy.)

Cash $14,600 Bonds, Totaling (A) Composed of: Fully backed mortgage bonds $14,000 Municipal bonds $9100 US government bonds $27,700 Buildings and furniture $48,400 Deposit in the Fed $71,200 Loans, Totaling $157,460 Composed of: Loans to businesses $52,200 Loans for homes $(B) Non-home loans to consumers $12,750 Loans to other banks $6830 Borrowings Totaling $49,850 Composed of: Federal funds $38,650 Borrowings from the Fed $11,200 Deposits, Totaling $261,210 Composed of: Checking deposits $234,000 Savings deposits $27,210 Equity SIC) Total Assets $342,460 Total Liabilities and Net Worth $??? Bank income information Interest income, bonds, $2600 Interest income, loans, $17,000 Other income $1100 Bank expense information Wages and salaries $4000 Interest expense, deposits $9000 Interest expense, discount and federal funds loans $900 Other (non-interest) $4800 Dates of Note April 21, 2019: 40% of consumer non-mortgage loans will be repriced. June 10, 2019: 50% of discount loans will be repriced. December 15th, 2020: 20% of total loans will be repriced. Credit Information 20% of mortgages are more than 60 days past due. Miscellaneous Bank Information Banks must keep 10% of demand deposits as reserves. The bank owes no taxes. Question 6 Bank G has (actual) reserves totaling $ excess reserves totaling $ , and required reserves totaling $ Carefully follow all numeric instructions; enter only numbers, a decimal point, and/or a negative sign. Bank G's RoA equals percent. Calculate Bank G's RoA. Express your answer as a percent, but without the percentage sign. In other words, if you get 0.2479, enter 24.79 in the blank. See the formatting instructions/math review as necessary. Question 10 2 pts An insolvent bank O has negative equity has a balance sheet that does not balance according to the accounting identity (equation) has positive net worth has liabilities equal to its assets Question 11 2 pts Consider two completely identical homes, one located in France and one located in England. In France, the home sells for 80,000 Euros, and in England it sells for 60,000 British Pounds. If 0.8 British Pound exchanges for 1 Euro, then calculate the real exchange rate. (If it helps, think of England as the "domestic" economy.)