Suppose the table below is a simplified consolidated balance sheet for the banking system. All figures are in millions. The reserve ratio is 5 per cent.
(a) how much excess reserves does the banking system have ?how much can the banking system lend? Show in column1 how the consolidated balance sheet would look after this amount has been lent.
Assets ($) 1 Liabilities and net worth ($) 1
Reserves 52 Deposits 200
Bonds 48
Loans 100
回答中英文都可以,谢谢啦~~~