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Check my work 3 Suppose that Kesha deposits $7,000 into her savings account at First Bank. The reserve requirement facing First Bank is 15%. Instructions:

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Check my work 3 Suppose that Kesha deposits $7,000 into her savings account at First Bank. The reserve requirement facing First Bank is 15%. Instructions: Enter your answer as a whole number. If you are entering a negative number include a minus sign. its a. Use this information to show how First Bank's assets and liabilities initially change when Kesha deposits the $7,000 in the bank. 00:31:04 A Simple Bank Balance Sheet Skipped Assets Liabilities Change in Reserves: $ Change in Deposits: $ b. How much money can First Bank lend out to other people? eBook $ c. Now suppose that First Bank holds no excess reserves andkends out all of the excess reserves resulting from Kesha's deposit. How do First Bank's assets and liabilities change? Print A Simple Bank Balance Sheet References Assets Liabilities Change in Reserves: $ Change in Loans: $

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