Only need question 7. Written response

mi nds $1000 in coins and paper currency buried in her backyard and deposits it in her chequing account. b) Smith writes a $1000 cheque on her own account and takes $1000 in currency and buries it in her backyard Show step by step calculations including formulas and round your answers to the nearest dollar. (4 marks) Q5. The Bank of Canada purchases $9 million in government bonds from a bond dealer, and the dealer's bank credits the dealer's account. The desired reserve ratio is 14%, and the bank typically lends any excess reserves immediately. Assuming that no currency leakage occurs, calculate how much the bank will be able to lend to its customers following the B005 purchase? Show step by step calculations including formulas. (3 marks) Rate of Interest Transaction TotalkDemand (S) 9??) )i Demd (S _ W?\" 190i a) Complete the table. b) If money supply is equal tEESZSO, what must the equilibrium interest rate be? c) If the rate of interest is 8% and the money supply is $260, what are the implications? (5 marks) Q7. How and why is the asset demand for money related to the interest rate