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how do i do these? 41. What is GDP inflation in 2015? Given the following T account for a private bank, answer questions 42 -

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41. What is GDP inflation in 2015? Given the following T account for a private bank, answer questions 42 - 45: Liabilities + Net worth $100 million Deposits Loans Gov't Securities Reserves $100 million $30 million Net worth $100 million 42. If the reserve requirement is 5%, what is the amount of loans this bank has? 1.5 mil? 43. If the reserve requirement is 5%, what is the amount of excess reserves this bank holds? 44. Suppose one of the bank's customers withdraws $30 million. If the bank did not wish to borrow to meet its reserve requirement (such as through the federal funds market), how much would the bank have to sell in government securities in order to exactly meet the reserve requirement? 45. If the reserve requirement is 5% and the monetary base is $1 billion, what is the maximum money supply for the economy? Given the following T account for a private bank, answer questions 46 - 48: lities + Net worth

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