The following are a complete list of the assets and the liabilities of a central bank - let's call the central bank The Reserve Bank. Net foreign currency reserves (and gold) $70bn Currency at issue and bank vault money $90bn Other assets $30bn Government balance $40bn Balances held at the central bank by foreign central banks and others $3bn Outstanding loans to banks and others $1bn Exchange settlement balances $85bn Other liabilities $28bn Government and other securities $160bn 1) Identify each of the above as an asset or liability for the central bank. (3 marks) 2) Calculate the 'net worth' or 'equity capital' of the central bank. (1 mark)