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Reserves Loans OA. 500/0.17 = $2,941 18 OB. 350/0 188= $1,861.7 OC. 500/0 12 = $4,166.67 OD. 550/0.17 = $3,235.29 O E. not enough information

Reserves Loans OA. 500/0.17 = $2,941 18 OB. 350/0 188= $1,861.7 OC. 500/0 12 = $4,166.67 OD. 550/0.17 = $3,235.29 O E. not enough information to determine Bank North's Balance Sheet Assets $350 $3,150 $3,500 Deposits Capital CITE Liabilities Refer to the table above Assume that Bank North is operating at its target reserve ratio and has no excess reserves, and that all commercial banks have the same target reserve ratio. If a new deposit to the Canadian banking system of $500 is deposited at Bank North, the total new deposits created in the banking system can be calculated as follows. $3,000 $500 $3,500

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