Below is the simplified balance sheet of Gorgonzolan commercial banks at some point in time.

Assume that the Gorgonzolan commercial banks desire to hold reserves of $20$ percent of deposits and that the public holds no

currency long term.

Instructions: Enter your responses as whole numbers.

a$.$ Given the data in the balance sheet, the Gorgonzolan commercial banks want to hold

in reserves.

b$.$ The Gorgonzolan commercial banks currently have

in extra reserves that they would like to lend out.

c$.$ Assuming that no additional reserves enter the Gorgonzolan banking system, the final values of bank reserves, loans, and deposits

are:

Final consolidated balance sheet

d$.$ The final value of the money supply is: