Problem 15-06 (algo) Suppose the simplified consolidated balance sheet shown below is for the entire commercial banking system and that all figures are in billions of dollars. The reserve ratio is 10 percent Assets (b) Liabilities and net worth 52 Checkubly deposit 200 48 100 Instructions: Enter your answers as a whole number. B. What is the amount of excess reserves in this commercial banking System? billion What is the maximum amount the banking system might lend? 5 Show In columns 18) and T(e] how the consolidated balance sheet would look after this amount has been lent. Enter these new values in the gray shaded cells of the given table What Is the size of the monetary multipler? b. Using the original figures, answer the questions in part a assuming the reserve ratio is 5 percent. What is the amount of excess reserves In this commercial banking system? billion What Is the maximum amount the banking system might lend? bation Show In columns (jo) and T(bj how the consolidated balance sheet would look after this amount has been lent Enter these new values in the gray shaded cells of the given table. What is the monetary multiplier? What is the resulting difference in the amount imercial banking system can lend when the required reserve ratio is 5