Refer to Table 1. Assume that this is the balance sheet of the First National Bank. If the Federal Reserves decreases the reserve requirement from 9% to 5%. This bank's excess reserves will change by: O $660 O $1,790 $2,450

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Research Paper
Table 1 Balance Sheet of the First National Bank
Assets
Liabilities
ments
Reserves
$ 3,275
Deposit
$16,500
ns
nts
Loans
$13,225
utóring
Total Assets
$16,500
Total Liabilities $16,500
Refer to Table 1. Assume that this is the balance sheet of the First National Bank, If the Federal Reserves
decreases the reserve requirement from 9% to 5%. This bank's excess reserves will change by:
O $660
$1,790
O $2,450
$330
O $495
80
F2
DII
DD
F3
F4
F5
F6
F7
F8
F9
@
#
Transcribed Image Text:O clpccd.instructure.com SA Quiz: 18.10 Final Exam (. E Report - Google Docs m morena M Inbox (18,303) - randyth.. Research Paper Table 1 Balance Sheet of the First National Bank Assets Liabilities ments Reserves $ 3,275 Deposit $16,500 ns nts Loans $13,225 utóring Total Assets $16,500 Total Liabilities $16,500 Refer to Table 1. Assume that this is the balance sheet of the First National Bank, If the Federal Reserves decreases the reserve requirement from 9% to 5%. This bank's excess reserves will change by: O $660 $1,790 O $2,450 $330 O $495 80 F2 DII DD F3 F4 F5 F6 F7 F8 F9 @ #
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