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please help and thank you for your time Emphasis Heading Normal Strong Subtitle Title No Spac... Subtle Em.. Inte Styles 3. Use the following balance

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Emphasis Heading Normal Strong Subtitle Title No Spac... Subtle Em.. Inte Styles 3. Use the following balance sheet of Bakersfield Bank to answer questions ac Assets Reserves - $4,000 Loans = $7,000 Liabilities D eposits - $10,000 Net Worth = $1,000 a. Given rr = 10%, how much are the required reserves? b. How much are the excess reserves? C. By how much can the bank increase its loans? 4. Commercial banks have $1,500 (billion) in Total Reserves. The FED drops rr from 5% to 4%. Calculate the increase in the money supply

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