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Q:Question: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

Q:Question: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. Instructions: Enter your answers as a whole number. a. What is the amount of excess reserves in this commercial banking system? $ billion What is the maximum amount the banking system might lend? $ billion /r/n Show in columns 1(a) and 1^'(a) how the consolidatedA:Answer:(a) Checkable deposits = $200 Reserve ratio = 10% ...

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