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NEED HELP ASAP Banking System A OD B Bank of Canada A B Assets Assets 36.0 Reserves Securities Loans 16.0 50.0 94.0 Securities Advances to
NEED HELP ASAP
Banking System A OD B Bank of Canada A B Assets Assets 36.0 Reserves Securities Loans 16.0 50.0 94.0 Securities Advances to Banks Liabilities Liabilities Deposits 160.0 Bank Deposits 16.0 Advance from BOC Gov't of Can Deposit 80 Notes in Circulation 12.0 Assume a reserve ratio of 10% of the Bank of Canada does a redeposit of $2B of Government of Canada funds from the BOC What are the initial changes in Column A for the banking system? O Reserves increase to $180 O b. Deposits increase to $1628 O Reserves and Deposits decrease by $28 Od Both A and B are correct Step by Step Solution
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