costs have resulted in an over-allocation of resources to X. Question 55 (1 point) This table shows the balance sheet of the First National Bank. Assume the desired reserve ratio is 15 percent. Assets Liabilities and net worth Cash $50,000 Demand Deposits $120,000 Reserves Securities 75,000 Stock shares 130,000 Loans 25,000 Property 100,000 If a cheque for $14,000 is drawn and cleared against this bank, its reserves and demand deposits will be, respectively: $50,000 and $106,000. $36,000 and $106,000. $50,000 and $120,000. $36,000 and $120,000. Question 56 (1 point) Saved