Question: hello please answer these two questions. correctly and quickly please dont have a lot of time thank you The aggregate demand and supply for Cancum

The aggregate demand and supply for Cancum are shown in the table below. Potential GOP (LAS) is $550 billion Price Index Aggregate Quantity Dersanded 650 105 Aggregate Quantity Supplied 50 150 250 115 125 130 135 140 450 350 250 150 50 O 450 550 500 650 a. If the economy is in equilibrium, it experiencing an) (Click to select) gap of $ b. Suppose government uses countercyclical fiscal policy to close the gap. In order to achieve full employment AD would have to (Click to select) by $ c. As a result of this change the inflation rate would be 2%. Round your answer to 2 decimal places The table below is the balance sheet for the Oilers Bank, which has a target reserve ratio of 20%. Assets Liabilities/Equity Reserves $25,000 Demand Deposits $90,000 Loans 77,500 Shareholders' equity 25,000 Securities 21,250 Fixed assets 11,250 Total 135,000 Total 115,000 a. The Oilers Bank is (Click to select) by $ (Click to select) b. The bank makes a over-reserved excess reserves and the borrower writes a cheque (for the full amount of the loan) to another customer of the bank under-reserved Sitsit The new amount of excess reserves is $ C. Instead, the cheque written by the borrower is cleared against the Oilers Bank (the cheque was written to a customer of another bank) The amount of excess reserves held by the Oilers Bank is $|
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