Answer to Question #63359 in Macroeconomics for Sana Jess

Question #63359
The commercial banks in St. Paul have: Reserves $125 million Loans $1,875 million Deposits 2,000 million Total Assets $2,100 million a. Construct the commercial bank’s balance sheet. If you are missing any assets, call them “other assets”; if you are missing any liabilities, call them other liabilities”. b. Calculate the banks’ reserve ratio. c. If banks hold no excess reserves, calculate the deposit multiplier.
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Expert's answer
2016-11-17T11:45:11-0500
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