Consider the following transactions: (1) CBA makes a $50m interbank loan to ANZ. (2) ANZ repays...

  

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Consider the following transactions: (1) CBA makes a $50m interbank loan to ANZ. (2) ANZ repays $30m to the RBA as part of the completion of a repurchase agreement of government securities made in the past, with no interest. (3) NAB receives $0.5m in interest on its ESA from the RBA. (4) Westpac receives money at the redemption of $70m government bonds paid from the government's account at the RBA. (5) The RBA buys USD from the US Federal Reserve that, in total, are worth AUD 9m. (6) With its account at the central bank, the Australian government pays $1m social allowance to depositors of CBA. On a scrap paper, represent the changes in the balance sheet of the Reserve Bank of Australia (RBA). If several transactions affect the same item in the balance sheet, calculate the net change. Say you have +10 -2 for loans then you report +8. Then use your draft to fill the following multiple blanks. The scrap paper will not be uploaded but must be kept for future reference. For each blank either: type a sign + or - to represent the net change and add one number (with no dollar sign and no million sign) eg. +10 or type X if that item is at a wrong location in the balance sheet or type 0 (the number 0 not the letter o) if that item is at the right location but does not change (in net or at all). Assets Notes on issue: CBA ESF: ANZ ESF: NAB ESF: Westpac ESF: Government ESF: Government account: RBA Liabilities +Equity Notes on issue: CBA ESF: ANZ ESF: NAB ESF: Westpac ESF: Government ESF: Government account: Fed account at the RBA: RBA account at the Fed: Securities: Equity: Household deposits: Loans: Fed account at the RBA: RBA account at the Fed: Securities: Equity: Household deposits: Loans: In net ESF changes by: type a different number in the second box (at most you will get half the mark). In net MO changes by: type a different number in the second box (at most you will get half the mark). If you are sure about your answer type that same answer twice, one in each box; if you hesitate between two answers If you are sure about your answer type that same answer twice, one in each box; if you hesitate between two answers Without any further intervention of the RBA, as a result of the transactions above, the cash rate would Type + for an increase; - for a decrease and 0 for no change. Consider the following transactions: (1) CBA makes a $50m interbank loan to ANZ. (2) ANZ repays $30m to the RBA as part of the completion of a repurchase agreement of government securities made in the past, with no interest. (3) NAB receives $0.5m in interest on its ESA from the RBA. (4) Westpac receives money at the redemption of $70m government bonds paid from the government's account at the RBA. (5) The RBA buys USD from the US Federal Reserve that, in total, are worth AUD 9m. (6) With its account at the central bank, the Australian government pays $1m social allowance to depositors of CBA. On a scrap paper, represent the changes in the balance sheet of the Reserve Bank of Australia (RBA). If several transactions affect the same item in the balance sheet, calculate the net change. Say you have +10 -2 for loans then you report +8. Then use your draft to fill the following multiple blanks. The scrap paper will not be uploaded but must be kept for future reference. For each blank either: type a sign + or - to represent the net change and add one number (with no dollar sign and no million sign) eg. +10 or type X if that item is at a wrong location in the balance sheet or type 0 (the number 0 not the letter o) if that item is at the right location but does not change (in net or at all). Assets Notes on issue: CBA ESF: ANZ ESF: NAB ESF: Westpac ESF: Government ESF: Government account: RBA Liabilities +Equity Notes on issue: CBA ESF: ANZ ESF: NAB ESF: Westpac ESF: Government ESF: Government account: Fed account at the RBA: RBA account at the Fed: Securities: Equity: Household deposits: Loans: Fed account at the RBA: RBA account at the Fed: Securities: Equity: Household deposits: Loans: In net ESF changes by: type a different number in the second box (at most you will get half the mark). In net MO changes by: type a different number in the second box (at most you will get half the mark). If you are sure about your answer type that same answer twice, one in each box; if you hesitate between two answers If you are sure about your answer type that same answer twice, one in each box; if you hesitate between two answers Without any further intervention of the RBA, as a result of the transactions above, the cash rate would Type + for an increase; - for a decrease and 0 for no change.