Reserves $ 100 Checkable Deposits 1,000 Loans (to customers) 300 Property Securities (owned) Stock Shares 400 300 100 Refer to the accompanying table of information for the Moolah Bank. Assume that the listed amounts constitute this bank's complete set of accounts. Moolah's assets are $1,100. liabilities are $1,100. net worth is $300. profit is $1,000.
Reserves $ 100 Checkable Deposits 1,000 Loans (to customers) 300 Property Securities (owned) Stock Shares 400 300 100 Refer to the accompanying table of information for the Moolah Bank. Assume that the listed amounts constitute this bank's complete set of accounts. Moolah's assets are $1,100. liabilities are $1,100. net worth is $300. profit is $1,000.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Transcribed Image Text:Reserves
$ 100
Checkable Deposits
1,000
300
Loans (to customers)
Property
Securities (owned)
Stock Shares
400
300
100
Refer to the accompanying table of information for the Moolah Bank. Assume that the listed amounts constitute this bank's complete set of accounts.
Moolah's
assets are $1,100.
liabilities are $1,100.
net worth is $300.
profit is $1,000.
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