Hello to whoever this may concern!! I'm wondering if any of my work is correct (correct me if I'm wrong) and for the last one, how can it be used to pursue expansionary & contractionary policy.

Money and Deposit Creation Suppose an initial deposit of 100,000 is deposited into a bank. Explain the process of deposit creation by the banking system and how the reserve requirement can affect the amount of deposit creation. Suppose the reserve requirement is set at 5 percent. Reserve requirement is legally compulsory for the banks to keep a certain mininum fraction of their deposits as reserves. Reverve bank = 100,000 x 5/100 Reserve= 1000 ( Remaining amout will be used for loans) Loans - 100, 000 - 50 00 Loans = 95,000 New deposits will be equal to 81 95, 0 00 New reserve = 95000 x 5/100 Reserves = $ 4, 750 ( Remaining amout will be used for loans ) Loans = qn010- 9790 Loans- 9 0, 250 Federal Reserve System and Structure Outline the structure of the Federal Reserve System. Federal open Board Federal Advisory Market committee Govenors council & other (12 members) committees Federal Reserve banks private banks What are the three Federal Reserve tools discussed in class? Briefly explain each one and how it can be used to pursue expansionary and contractionary policy. open market operations : Federal Reserve purchases a sales of government bonds for the purpose of altering bank reverves. Discount rate: The rate of interest the Federal Reserve charges for lending reserves to private banks . Reserved requirements : The minimum amount of reserves a bank is required to hold; equal to required reserve ratio times transactions deposits