Question
Eliza's Bank has $15,000 in total reserves, $5,000 in loans, $100,000 in profit, $5,000 in bonds. Eliza's Bank also has $25,000 in checkable deposits. Make
Eliza's Bank has $15,000 in total reserves, $5,000 in loans, $100,000 in profit, $5,000 in bonds. Eliza's Bank also has $25,000 in checkable deposits. Make a correctly-labeled and complete balance sheet (6 pts) and determine this bank's net worth (4 pts).
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Microeconomics
Authors: Austan Goolsbee, Steven Levitt, Chad Syverson
2nd edition
1464187029, 978-1464189104, 1464189102, 978-0716759751, 716759756, 978-1464187025
