Suppose that the First National Bank has the following balance sheet position and that the required reserve ratio is 15 percent Assets Liabilities Reserves Deposits $40 million $160 million $20 million $200 million $20 million Loans Bank Capital Securities What are the bank's a) required reserves and b) excess reserves? If the bank was hit with a deposit outflow of $20 million would it have to make an adjustment to the balance sheet? Why or why not? of the bank has to make an adjustment to to balance shoot, what are its options? Explain Suppose that the First National Bank has the following balance sheet position and that the required reserve ratio is 15 percent. Assets Liabilities Reserves $40 million Deposits $200 million Loans Bank Capital $20 million $160 million $20 million Securities What are the bank's a) required reserves and b) excess reserves? If the bank was hit with a deposit outflow of $20 million, would it have to make an adjustment to the balance sheet? Why or why not? If the bank has to make an adjustment to its balance sheet, what are its options? Explain