Please calculate the total deposits being created by BANKS A, B and C from the following...
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Please calculate the total deposits being created by BANKS A, B and C from the following Process: John came to Bank A and made a Cash deposit of $2,000 in Bank A. Then Carole went to Bank B and deposited the loan she took from Bank A Then Michael went to Bank C and deposited the Lona she took from Bank B. *Noting that The Central Bank is requesting a min. reserve requirement ratio of 10%. Complete the below table to calculate the Total Deposits made in Bank A, B and C BANK A BALANCE SHEET LIABILITIES ASSETS Cash Reserves Loan BANK B BALANCE SHEET LIABILITIES ASSETS Loan Cash Reserves BANK C BALANCE SHEET LIABILITIES ASSETS Cash Reserves Loan Please calculate the total deposits being created by BANKS A, B and C from the following Process: John came to Bank A and made a Cash deposit of $2,000 in Bank A. Then Carole went to Bank B and deposited the loan she took from Bank A Then Michael went to Bank C and deposited the Lona she took from Bank B. *Noting that The Central Bank is requesting a min. reserve requirement ratio of 10%. Complete the below table to calculate the Total Deposits made in Bank A, B and C BANK A BALANCE SHEET LIABILITIES ASSETS Cash Reserves Loan BANK B BALANCE SHEET LIABILITIES ASSETS Loan Cash Reserves BANK C BALANCE SHEET LIABILITIES ASSETS Cash Reserves Loan
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nswer 1 John will deposit 2000 to Bank A Maximum loan Bank A could make is 1800 as 10 of 20... View the full answer
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