Suppose that Person A deposit $160 (cash) at Bank A Complete the folowing questions Note: Keep as much precision as possible during your calculations. Your final nuwe should be accurate toate decimal places a) Suppose Bank A realizes that, on average to customers only withdraw a portion of the deposits, and so it can and out some money to the customers Bank A now choose the rate to be 10% or 0.1. Bank A lends out the remaining amount of money as fans to Person B. Record the sect of this transaction on the balance that below Assets Liables Reserves 50 Deposits = $0 Loans - 30 b) Person B borrows this money as loans from Bank A and pays to Person Suppose Person deposits this amount with Bara B. Bart Bismilar to ask Asao chooses a reserve rate of 0 1 and issues the remaining cash as Coins to Pemon D. Record the effect of the transaction on the balance sheet below Assets Liabilities Reserves = 50 Deposits $0 Loans - 50 c) Person D borrows this money as loans from tank 3 and pays to Person Suppose Person deposit this wount win Bank C. Bank Case choose a retra tuto of 0.1 and was the remaining cash as loans to Person F. Record the effect of this transaction on the balance sheet below Assets Labs Reserves $0 Deposits - 50 Loans - $0 d) What is the money multiplier? Use your answer to find the amount of new money supply created Money multiplier Amount of new money created 0 e) Suppose the reserve ratio is now 0.15. Person Ahad deposited is $160 now, what would be the amount of money created now? Amount of new money created - 50