Question: 10 points eBook Print References Balance sheet after first round of loans Assets Currency (= reserves) Loans Amount 500,000 1,500,000 Liabilities Amount Deposits 2,000,00

10 points eBook Print References Balance sheet after first round of loans

10 points eBook Print References Balance sheet after first round of loans Assets Currency (= reserves) Loans Amount 500,000 1,500,000 Liabilities Amount Deposits 2,000,00 c. The consolidated balance sheet of Gorgonzolan commercial banks after the first redeposit of guilders is: Balance sheet after redeposits Assets Currency (= reserves) Loans Amount Liabilities 2,000,00 Deposits Amount 3,500,00 d. The consolidated balance sheet of Gorgonzolan commercial banks after two rounds of loans and redeposits is: Balance sheet after second round of loans and redeposits Assets Currency (= reserves) Loans Amount 2,000,00 Liabilities Deposits e. The final values of bank reserves, loans, deposits are: Final consolidated balance sheet Assets Currency Final value of bank reserves Loans Amount Amount Liabilities Amount Deposits The final value of the money supply is: 8,000,00 guilders.

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