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Question 5 Consider a bank with the following balance sheet: Assets Liabilities Reserves Loans $100 million Deposits $600 million $700 million Bank capital $200

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Question 5 Consider a bank with the following balance sheet: Assets Liabilities Reserves Loans $100 million Deposits $600 million $700 million Bank capital $200 million 1.5 points Save Answe If the bank suffers a deposit outflow of $89 million and the bank has a required reserve ratio on deposits of 10%, how much is the banks shortfall in reserves? A Moving to another question will save this response.

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