in ECON1112.1222.0 X Assignments X P Quiz 8 (Ch. 15) X C Suppose the Bank X Log In | Course He X MInbox - kprodahl3 x Settings - Paymel X *Course Hero X C mylab.pearson.com/Student/PlayerTest.aspx?testld=2510015818 cent Press (fn) F ABP to exit full screen M Gmail Inventory Online Dealer Connect in Moodle () DealerSocket Disney Plus if rieview vv SL. Albert Douge... Spearhead S St. Albert Dodge... Ronin Performance.. netParcel ECON1112_001_Winter23 Kennedy Prodahl 03/30/23 2:47 PM E Quiz: Quiz 8 (Ch. 15) Question 7 of 18 This quiz: 55 point(s) possible This question: 18 point(s) possible Submit quiz Suppose the Bank of Canada advances a $20,000,000 loan to Bank 1, and Bank 1 and all other banks have no excess reserves prior to this loan. Question list K a. What type of policy is this? Question 2 O A. Expansionary monetary policy O B. Contractionary fiscal policy Question 3 O C. Expansionary fiscal policy O D. Contractionary monetary policy O Question 4 O E. None of the above b. What asset of the Bank of Canada changes? (Enter your response as a whole number. Do not include the $ symbol in your answer.) Question 5 by $. c. What liability of the Bank of Canada changes? (Enter your response as a whole number. Do not include the $ symbol in your answer.) Question 6 by $. d. What asset of Bank 1 changes? (Enter your response as a whole number. Do not include the $ symbol in your answer.) O Question 7 by $. e. What liability of Bank 1 changes? (Enter your response as a whole number. Do not include the $ symbol in your answer.) Question 8 by $. f. If the desired reserve ratio for Bank 1 and all other banks is 20 percent, then the maximum new loan Bank 1 can give is $ . (Enter your response as a whole number. Do not include the $ symbol O Question 9 in your answer.) g. What asset and liability of Bank 1 will change because of this new loan? (Enter your responses as whole numbers. Do not include the $ symbol in your answers.) O Question 10 The asset that will change is I which will I V bv $ | The liability that will change is I which will I VI hv Time Remaining: 00:50:36 Nextin ECON1112.1222.0 X Assignments X P Quiz 8 (Ch. 15) X C Suppose the Bank X Log In | Course He X MInbox - kprodahl3 x Settings - Paymel X *Course Hero X C mylab.pearson.com/Student/PlayerTest.aspx?testld=251001581¢erwin=yes ABP M Gmail Inventory Online Dealer Connect in Moodle () DealerSocket > Disney Plus Preview 0 St. Albert Dodge... Spearhead s St. Albert Dodge... Ronin Performance.. netParcel ECON1112_001_Winter23 Kennedy Prodahl 03/30/23 2:47 PM E Quiz: Quiz 8 (Ch. 15) Question 7 of 18 This quiz: 55 point(s) possible This question: 18 point(s) possible Submit quiz Question list K O B. Contractionary fiscal policy O C. Expansionary fiscal policy Question 2 O D. Contractionary monetary policy O E. None of the above Question 3 b. What asset of the Bank of Canada changes? (Enter your response as a whole number. Do not include the $ symbol in your answer.) by $ . Question 4 c. What liability of the Bank of Canada changes? (Enter your response as a whole number. Do not include the $ symbol in your answer.) by $. O Question 5 d. What asset of Bank 1 changes? (Enter your response as a whole number. Do not include the $ symbol in your answer.) by $ . Question 6 e. What liability of Bank 1 changes? (Enter your response as a whole number. Do not include the $ symbol in your answer.) by $. O Question 7 f. If the desired reserve ratio for Bank 1 and all other banks is 20 percent, then the maximum new loan Bank 1 can give is $ . (Enter your response as a whole number. Do not include the $ symbol in your answer.) O Question 8 g. What asset and liability of Bank 1 will change because of this new loan? (Enter your responses as whole numbers. Do not include the $ symbol in your answers.) The asset that will change is , which will by $ . The liability that will change is V , which will by O Question 9 $ h. The maximum new money the banking system can give in the economy due to the Bank of Canada's loan to Bank 1 is $ . (Enter your response as a whole number. Do O Question 10 in your answer.) Time Remaining: 00:50:33 Next