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Assume the North Bank, a Canadian Bank, starts with an empty balance sheet below. The bank reserve ratio is 10%. Ms. Lecture returns from sabbatical

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Assume the North Bank, a Canadian Bank, starts with an empty balance sheet below. The bank reserve ratio is 10%. Ms. Lecture returns from sabbatical in Peru and deposits 49,500 Canadian in the North Bank. North Bank After Ms. Lecture's transaction with the North Bank and before any subsequent transactions find each of the following: Part 1) The change ingeserves is Part 2) The change in Deposits is Part 3) The change in Loans is Part 4) The bank's desired reserves are Part 5) The bank's actual reserves are Part 6) The bank's excess reserves are Part 7) The maximum this bank can lend is Part 8) What is the value of the money multiplier? Part 9) What is the total value of deposits generated by the banking system affer Ms. Lecture makes her initial deposit? Part 10) What is the maximum value of loans that can be generated by the banking system if banks always lend their excess reserves

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