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Suppose the Bank of Canada buys 100 worth of T-Bills from the commercial banks using bank notes which it issues and sends to the commercial

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Suppose the Bank of Canada buys 100 worth of T-Bills from the commercial banks using bank notes which it issues and sends to the commercial banks. (C) What does the balance sheet of the Bank of Canada look like immediately following this purchase of T-Bills? Bank of Canada Liabilities C ELT Assets Dusti T-Bills: n CB Deposits: Bank Notes: (D) What would the consolidated balance sheet of the commercial banks look like immediately following their sale of 100 worth of T-Bills? OOS sb 10 na svog Consolidated Commercial Banks son Assets Liabilities 000 CB Deposits at Bank of Canada: Deposits: Bank Notes*: Equity: Loans: ned bone loi baita barabarzo A) T-Bills: *In the vault (E) The commercial banks will not be happy with their balance sheet immediately following their sale of 100 worth of T-Bills. Why? (F) How much excess reserves" do the commercial banks hold in the balance sheet described in question (D)? Suppose the Bank of Canada buys 100 worth of T-Bills from the commercial banks using bank notes which it issues and sends to the commercial banks. (C) What does the balance sheet of the Bank of Canada look like immediately following this purchase of T-Bills? Bank of Canada Liabilities C ELT Assets Dusti T-Bills: n CB Deposits: Bank Notes: (D) What would the consolidated balance sheet of the commercial banks look like immediately following their sale of 100 worth of T-Bills? OOS sb 10 na svog Consolidated Commercial Banks son Assets Liabilities 000 CB Deposits at Bank of Canada: Deposits: Bank Notes*: Equity: Loans: ned bone loi baita barabarzo A) T-Bills: *In the vault (E) The commercial banks will not be happy with their balance sheet immediately following their sale of 100 worth of T-Bills. Why? (F) How much excess reserves" do the commercial banks hold in the balance sheet described in question (D)

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