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I dont know what the Loans and Transaction deposits are under Bank Three Bank Three currently has $600 million in transaction deposits on its balance

I dont know what the Loans and Transaction deposits are under Bank Three
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Bank Three currently has $600 million in transaction deposits on its balance sheet. The Federal Reserve has currently set the reserv requirement at 10 percent of transaction deposits. a. If the Federal Reserve decreases the reserve requirement to 8 percent, show the balance sheet of Bank Three and the Federal Reserve System just before and after the full effect of the reserve requirement change. Assume Bank Three withdraws all excess reserves and gives out loans and that borrowers eventually return all of these funds to Bank Three in the form of transaction deposits. b. Redo part () using a 12 percent reserve requirement Complete this question by entering your answers in the tabs below. Required A Required B If the Federal Reserve decreases the reserve requirement to 8 percent, show the balance sheet of Bank Three and the Federal Reserve System just before and after the full effect of the reserve requirement change. Assume Bank Three withdraws all excess reserves and gives out loans and that borrowers eventually return all of these funds to Bank Three in the form of transaction deposits. (Do not round intermediate calculations. Enter your answers in millions rounded to the nearest dollar amount.) Show less Panel A: Initial Balance Sheets Federal Reserve Bank Assets Liabilities Securities $ Reserve accounts 60 million 60 million $ Bank Three Assets Liabilities $ Transaction deposits $ 000 million Loans Reserva deposits at Fed 540 million 60 million Panel B: Balance Shoot after All Changes Federal Reserve Bank Assets Liabilities Securities $ 60 million Reserve accounts 5 Gomiton Bank Three Assets Liabilities Transaction deposits Louns Reserve deposits at Fed million million 60 million

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