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Assume all of Bank 1's loans of $16,000 are spent by the borrowers and then deposited into Bank 2 Use the T-account below to show

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Assume all of Bank 1's loans of $16,000 are spent by the borrowers and then deposited into Bank 2 Use the T-account below to show the result of this transaction for Bank 2, assuming Bank 2 keeps no excess reserves and the reserve requireme 12% (Remember T-accounts show the changes to a bank's balance sheet ) Bank 2s T-account Assets Liabilities Reserves S Deposits Loans S Enter your answer in the edit fields and then click Check Answor

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