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Suppose you deposit $2,000 cash from under your mattress in First National Bank. The required reserve ratio is 10%. Complete the following balance sheet to

Suppose you deposit $2,000 cash from under your mattress in First National Bank. The required reserve ratio is 10%.

Complete the following balance sheet to showchangesin the bank's assets and liabilities.

First National Bank

Assets (Dollars) Liabilities(Dollars)

Reserves ___________ Checking deposits____________

Required __________

Excess ___________

Total assets ___________ Total liabilities _________

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