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need help with this This Question: 1 pt 10 of 30 (8 complete) This Test 30 gta possible Bank XYZ Balance Sheet ASSETS LIABILITIES Total

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This Question: 1 pt 10 of 30 (8 complete) This Test 30 gta possible Bank XYZ Balance Sheet ASSETS LIABILITIES Total reserves $3,800,000 Chequable deposits $4,000,060 Desired reserves $200,ODD Excess reserves $3.600,000 Loans $200,000 The desired reserve ratio is 0 05 If the Bank of Canada buys $1,000,000 worth of bonds from a bond dealer who has her account at Bank XYZ above and she deposits the entire $1,000,000 into a chequing account at Bank XYZ what will be the new desired and excess reserves for this bank (assume no new loans are made)? (Remember, desired reserves are found by applying the desired reserve ratio to the amount of total chequable de O A. Desired = $4,550,000 and Excess = $250,000 O B. Desired = $250,000 and Excess = $4,350,000 O C. Desired = 350,000 and Excess = $950,000 O D. Desired = $250,000 and Excess = $4,550,000 Click to select your

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