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Question 12 please worked out! How muel lll Catu to make new loans? 12. Currently a community bank has $45,000 in reserves, rais demand deposits
Question 12 please worked out! How muel lll Catu to make new loans? 12. Currently a community bank has $45,000 in reserves, rais demand deposits of $200,000, and loans of $155,000. It its unexpectedly receives an inflow of deposits of $75,000 into exc checking accounts. Assuming that current reserve require- 15 ments on all demand deposits are 10 percent, what is the fro bank's new reserve position? What is the maximum dollar ple amount of loans that the bank could make? bet de
Question 12 please worked out!
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