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Assume all of Bank 1's loans of $17,000 are spent by the borrowers and then deposited into Bank 2 Use the T-account below to

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Assume all of Bank 1's loans of $17,000 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 requirement is 15% (Remember T-accounts show the changes to a bank's balance sheet) Bank 2's T-account Assets Reserves $2550 Liabilities Deposits $17000 Loans $14450 Assume all of Bank Zs loans of $14.450 are spent by the borrowers and then deposited into Bank 3 Use the Taccount below to show the result of this transaction for Bank 3, assuming Bank 3 keeps no excess reserves and the reserve requirement is 15% (Remember T-accounts show the changes to a bank's balance sheet) Hain maalin this Bank 3's Taccount Assets Reserves S Loans Liabilities Depouts S

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