Question: 2. Write your answers in the space provided. Show your work below. Consider the partial bank balance sheet. Required reserve ratio is 10%. Assets Liabilities

2. Write your answers in the space provided. Show your work

2. Write your answers in the space provided. Show your work below. Consider the partial bank balance sheet. Required reserve ratio is 10%. Assets Liabilities and Owners' Equity Reserves $1,200 Deposits $6,000 Loans $8,000 Debt $800 Short-term securities $800 Capital(owner's equity) $200 Answers Questions a. What are required reserves? b. What are excess reserves? If the bank sells $200 of its short-term securities to the Federal Reserve, what vievol 290m C. are the new reserves? If the bank sells $200 of its short-term securities to the Federal Reserve, what d. | are the new excess reserves

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