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M4: Grew Macro Reserves and Monetary Policy HIII government bonds to Typical Bank. When we sell $0.20 million in government bonds to Typical Bank, what

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M4: Grew Macro Reserves and Monetary Policy HIII government bonds to Typical Bank. When we sell $0.20 million in government bonds to Typical Bank, what is the (new) value of Typical Bank's excess reserves on hand? Enter a response then click Submit below Submit E phpi4t8NB.png A i ChapDiSpdf Economia Monetary Policy NE" NW Balance $189! New Bank Balance Sheet Balance Sheet for Typical Bank Assets Required Reserves: S 8.40 million EXCESS Reserves: 3 2.38 million Government Bonds: 3 1.36 million 6') Return to Activity Liability and Equity Deposits: S 2.80 million Equity: 3 2.88 million Materials Show all 1 1

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