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The chart is for the three questions! Thank you! Use the monetary multiplier you found in the previous question to determine how much money could
The chart is for the three questions! Thank you!
Use the monetary multiplier you found in the previous question to determine how much money could be created through the lending process if BB&T loaned out all of their excess reserves. (Hint: Maximum Checkable-Deposit Creation = Initial Excess Reserves * Monetary Multiplier). $200,000 $210,000 $270,000 $300,000 Part 3. Bank Balance Sheets - Checks Use the balance sheet for BB&T to answer the following questions. Balance Sheet: BB&T Assets Liabilities and Net Worth Reserves Checkable Deposits 100,000 Property 250,000 Stock Shares 240,000 A customer with a checking account at BB&T writes a check for $50,000 that is later deposited at Citizens Bank. When the check clears, do reserves increase or decrease for BB&T? Increase Decrease Neither A customer with a checking account at BB&T writes a check for $50,000 that is later deposited at Citizens Bank. When the check clears, do checkable- deposit liabilities increase or decrease for BB&T? Increase Decrease Neither
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