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Assume that ABC bank has $20 in deposits with a required reserve ratio of q0% it is holding $3M in required reserve. There is a

Assume that ABC bank has $20 in deposits with a required reserve ratio of q0% it is holding $3M in required reserve. There is a substantial withdrawal of $7M. Consider cost and customer service you are required to adjust the balance sheet after withdrawal. TO meet required reserve, It will borrow from other banks. List all assets and liabilities with values

Assets

required reserve 3,000000

loans 20000000

securities 22000000

total 45000000

LIABILITIES

Deposits 20000000

capital 25000000

total 45000000

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