a. Show the following in Asset and Liability sides of the T accounts of the Fed, Bank A, Mr. Smith and the Treasury. (Each entry should appear twice as an Asset or a Liability in different T accounts) Cash 50 mn (held by Mr Smith), Reserves 70 mn (cash held in Bank A), Demand Deposits of Mr. Smith 100mn , Savings accounts of Mr Smith 300 mn, Treasury Bills owned by Fed, Banks and Mr Smith, Loans each having 25 mn each. b. Using above information estimate the Monetary Base, M1 and M2 a. Show the following in Asset and Liability sides of the T accounts of the Fed, Bank A, Mr. Smith and the Treasury. (Each entry should appear twice as an Asset or a Liability in different T accounts) Cash 50 mn (held by Mr Smith), Reserves 70 mn (cash held in Bank A), Demand Deposits of Mr. Smith 100mn , Savings accounts of Mr Smith 300 mn, Treasury Bills owned by Fed, Banks and Mr Smith, Loans each having 25 mn each. b. Using above information estimate the Monetary Base, M1 and M2