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R5 Attempts Average / 1 7. Study Questions and Problems #7 It is the holiday season, and you withdraw $3,000 from your account at First

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Attempts Average / 1 7. Study Questions and Problems #7 It is the holiday season, and you withdraw $3,000 from your account at First National Bank to purchase gifts. Complete the following table to show how the bank's balance sheet changes, assuming a required reserve ratio of 209. First National Bank Assets Liabilities (Dollars) (Dollars) Reserves Checking Deposits Addendum: Changes in Reserves Actual reserves: Required reserves Excess reserves

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