Refer to the T account for an imaginary bank Assets Reserve $5,000 Loan $40,000 Liabilities Deposits $45,000 Based on the information given in the table calculate the following: 1. If the reserve ratio is 10% then calculate any excess reserve. 2. If the bank decides to loan out the excess reserve then how much money supply that excess reserve can create? Note: Make sure to show all the steps. Writing just the answers is not enough. For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). P BIUS Paragraph Arial Fonts + 10pt v A Ix - + 99 x * + + A 0 WORDS POWERED BY TINY