(A) The commercial bank has the following balance sheet figures as below. The reserve requirement is 9% and this bank is trying to meet exactly the minimum reserve requirement by selling off its securities. Reflecting this change, make the new balance sheet for this bank. [15%) Assets Liabilities Reserves Loans Securities $ 0 $90 million $10 million Deposits Bank capital $90 million $10 million (B) Explain how the persistent U.S. balance-of-payments deficits can stimulate world inflation. (15%)