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What is the total amount of money in the banking system if we limit our analysis to the balance sheets above? $3,000,000 $750,000 $700,000 $500,000
What is the total amount of money in the banking system if we limit our analysis to the balance sheets above?
$3,000,000
$750,000
$700,000
$500,000
$200,000
Bank of America Bank Customer Wells Fargo Assets Assets Assets Liabilities and Stockholder's Equity Liabilities $200,000 Deposits Liabilities and Stockholder's Equity Liabilities $50,000 Loans Liabilities and Stockholder's Equity Liabilities $500,000 Deposits $1,000,000 CBR $100,000 T-Bonds $2,000,000 CBR $50,000 Loans Stockholder's Equity $800,000 Stockholder's Equity $50,000 Stockholder's Equity $1,550,000
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