Please answer correct calculation please answer correct both are questions please answerDon't answer by pen paper plz What are checkable deposits (Y) and excess reserves (X)?Table 2Required ReservesExcess ReservesLoansReserve Ratio$2,500,000, and $2,000,000Question 33O $500,000 and $400,000O $2,000,000 and $1,800,000O $0 and $200,000AssetsO $20 millionO $108 millionPiggy Bank Balance SheetO $12.5 millionO $0Using Table 2, assume the Federal Reserve increased the money supply andcheckable deposits (Y) were deposited in this bank, in theory, how much moneycould be created?Liabilities$500,000 Checkable Deposits$X$020%SY

Excess reserves will be computed as total reserves minus required reserves. Money multiplier will be…

What are checkable deposits (Y) and excess reserves (X)? Table 2 Required Reserves Excess Reserves Loans Reserve Ratio O $2,500,000, and $2,000,000 $500,000 and $400,000 Question 33 Assets O $2,000,000 and $1,800,000 O $0 and $200,000 O $20 million O $108 million Piggy Bank Balance Sheet $12.5 million $0 $500,000 Checkable Deposits $x Using Table 2, assume the Federal Reserve increased the money supply and checkable deposits (Y) were deposited in this bank, in theory, how much mon could be created? Liabilities $0 20% SY

What are checkable deposits (Y) and excess reserves (X)? Table 2 Required Reserves Excess Reserves Loans Reserve Ratio O $2,500,000, and $2,000,000 $500,000 and $400,000 Question 33 Assets O $2,000,000 and $1,800,000 O $0 and $200,000 O $20 million O $108 million Piggy Bank Balance Sheet $12.5 million $0 $500,000 Checkable Deposits $x Using Table 2, assume the Federal Reserve increased the money supply and checkable deposits (Y) were deposited in this bank, in theory, how much mon could be created? Liabilities $0 20% SY

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Question

Please answer correct calculation please answer correct both are questions please answer

Don't answer by pen paper plz

What are checkable deposits (Y) and excess reserves (X)?
Table 2
Required Reserves
Excess Reserves
Loans
Reserve Ratio
$2,500,000, and $2,000,000
Question 33
O $500,000 and $400,000
O $2,000,000 and $1,800,000
O $0 and $200,000
Assets
O $20 million
O $108 million
Piggy Bank Balance Sheet
O $12.5 million
O $0
Using Table 2, assume the Federal Reserve increased the money supply and
checkable deposits (Y) were deposited in this bank, in theory, how much money
could be created?
Liabilities
$500,000 Checkable Deposits
$X
$0
20%
SY

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