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i dont think im doing this right. can help me woth these questions to answer them right thank you! Homework The Federal Reserve System (Ch

i dont think im doing this right. can help me woth these questions to answer them right thank you!
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Homework The Federal Reserve System (Ch 13) Suppose First Main Street Bank, Second Republic Bank, and Third Fidelity Bank all have zero excess reserves. The required reserve ratio is 5%Yako a client of First Main Street Bank, purchases $200,000 of Treasury bills in an open market sale undertaken by the Fed. Upon receipt of Yehov's check the Fed subtracts $200,000 from First Main Street Bank's Federal Reserve account, thereby extinguishing the money Tools A-2 Complete the following table to reflect any changes in First Main Street Bank's balance sheet (Before the bank makes any new loans) First Main Street Bank's Balance Sheet Assets Liabilities Reserves $200,000 Checkable Deposits $200,000 w Because the required reserve ratio is 5%, the $200,000 withdrawal decreases First Main Street Bank's required reserves by $10,000 in order to maintain the required reserve ratio, First Main Street Bank now must increase its reserves by $190,000. One possible way to do this is to its outstanding loans is of Now suppose Simone repays her fan of $190,000 to First Main Street Bank by writing a check issued by Second Republic Bank First Main Street Bank uses funds from a loan repayment to increase its reserves instead of making new loans. Second Republic Bank then replenishes its reserves by using the funds from loan repayments by Rajiv, who writes a check issued by Third Fidelity Bank. Third Fidelity Bank then uses a loan repayment from Ana to replenish its reserves instead of making new loans Fill in the following table to show the effect of this ongoing chain of events attach of the banks, including the initial withdrawal at the beginning of the Question Enter cach answer to the nearest dollar Decrease in Checkable Deposits (Dollars) Decrease in Loans (Dollars) Decrease in Required Reserves (Dollars) COM Bank and Study Tools Because the required reserve ratio is 5%, the $200,000 withdrawal decreases Fest Main Street Bank's required reserves by $10,000 order to maintain the required reserve ratio, First Main Street Bank now must increase its reserves by $100,000. One possible way to do this to its outstanding Soon pelons uccess Tips Now suppose Simone repays her loan of $190,000 to First Main Street Bank by writing a check issued by Second Republic Bank. Virst Man Street Bank uses funds from a loan repayment to increase its reserves instead of making new loans. Second Republic Bank then replenishes its reserves by using the funds from lisan repayments by Rajiv, who writes a check issued by Thund Fidelity Bank. Third Fidelity Bank then uses a loan repayment from Ano to replenish its reserves instead of making new loans access Tips FOR YOU -Tools For in the following table to show the effect of this ongoing chain of events at each of the banks, including the initial withdrawal at the beginning of the question Enter each answer to the nearest dollar Principles of Decrease in Checkable Deposits Decrease in Required Reserves Decrease in Loans (Dollars) (Dollars) (Dollars) Bank First Main Street Bank Second Republic Bank Third Fidelity Bank aack Assume this process continues with each successive loan being repaid using a checking account and banks using repayments to replenish their reserves without issuing any new loans. Under these assumptions, the initial destruction of 1200,000 by the Fed results in an overall decrease of in checkable deposits Grade It Now Save & Continuo Continue without saving

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