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please answer all parts Suppose banks keep no excoss reserves and that al banks are currently meeting the reserve requirement. The Federal Reserve ther makes

please answer all parts
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Suppose banks keep no excoss reserves and that al banks are currently meeting the reserve requirement. The Federal Reserve ther makes an open market purchase of $12.000 from Bank 1. Use the T-account below to show the result of this transaction for Bank 1, assuming Bank 1 keeps no excoss resorves after the transaction. (Remember T-aceounts show the changez to a Bank's balance sheet) Assume oll of Bank 1's loans of $12,000 are spent by the borrowers and then deposited into Bank 2. Use the T-acoount below to show the result of this trantaction for Bank 2, assuming Bark 2 keeps no excoss reserves and the reserve requirement is 13K. (Remember T-aceounts show the changes to a bank's balance sheot) Assume ofl of Bank 2 s loans of $10,440 ase spent by the borrowers and then deposited into 0 ank 3 . chacoves to a benkt balance aheet)

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