B) Humongous Bank is the only bank in the economy. The people in this economy have $20 million in money, and they deposit all their money in Humongous Bank. Humongous Bank is required to hold (by the Fed) 5% of its existing $20 million as reserves, and to loan out the rest. Think about a T-account for the bank after this first round of loans has been made. Use the table to write your answers Assets Reserves Loans Values Liabilities Deposits Total Assets Total Liabilities Values Bank Capital Net Worth Total Assets -Total Liabilities Values