Question: 1. Using the balance sheet (T-table) below and assuming a required reserve ratio of 10%, do the following: Assets Reserves $ 90,000 Liabilities +

1. Using the balance sheet (T-table) below and assuming a required reserve ratio of 10%, do the following: Assets Reserves $ 90,000 Liabilities + Net Worth Loans 55,000 Stock shares Checkable deposits $180,000 285,000 Securities 30,000 Property 290,000

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