The following is the balance sheet of the Bank of Your Class Assume the RRR is 10% Calculate the following for the Bank of Your Class. RR = AR = ER = NL = If the new loan created by the Bank of Your Class is being deposited back with this bank and there is no money drain, what would be the excess reserves of this bank after the deposit has been made and how much new loan can this bank create after the deposit? Repeat the same exercise for the Bank of Your Class if the RRR was changed to 8% by the Fed. Suppose that a bank has $20,000 in checkable account with the required ratio of 8%. If this bank is holding no excess reserves: a. What are its actual reserves? b. If RRR is changed to 5%, what arc its excess reserves? c. How much new loan can this bank create? d. How much new loan can the entire banking system create