Question 8 Consider a bank with the following balance sheet: Assets Liabilities Reserves Securities $100 million $50 million $800 million Deposits Bank capital $900 million $50 million 2 points Save Answer Loans If the bank has to write off $10 million in loans and customers withdraw $40 million in checkable deposits, how would this affect the banks' balance sheet? Would the bank be insolvent? Would the bank be short of reserves if the required reserve ratio is 10%? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS + + ++ Paragraph Arial 10pt A I 26 Q Q > < ABC * + x x, P 0 WORDS POWERED BY TINY