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V : Question3 6 pts ' _l Bank Ajust received total deposit equal to ' $30.700,000.oot Required reserve ratio for the banking system is set

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V : Question3 6 pts ' _l Bank Ajust received total deposit equal to ' $30.700,000.oot Required reserve ratio for the banking system is set at 2.1%, (or 0.021). (6 points) a. How much of the total deposit can bank A lend out? In other words, what is bank A's excess reserve? 3% _______________ b. By how much will total money supply change if bank A, and all subsequent banks' are able to lend out their entire excess reserves as the result of the initial $30.700,000.00 deposit in bank A? $

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