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The following table shows the balance sheet for SocialDistance Bank. The bank has a required reserve ratio of 20 percent and has $57 in excess
The following table shows the balance sheet for SocialDistance Bank. The bank has a required reserve ratio of 20 percent and has $57 in excess reserves. a) What is the value of demand deposits, total liabilities, total assets and cash equivalents? b) If the bank's cash equivalents decrease by $53 as a result of a shift of other assets, how do the liabilities change? c) How does stockholders' equity change if the bank's long-term debt increases by $45 and longterm investments decrease by $31
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