Question: Help me answer the following questions, I need help. The Bank of Mount Royal, a Canadian Bank, starts with a zero balance sheet below. The

Help me answer the following questions, I need help.

The Bank of Mount Royal, a Canadian Bank, starts with a zero balance sheet below. The bank reserve ratio is 16 %. (ignore all other items.) Ms. Clubmed returns from sabbatical in Outer Mongolia and deposits 37,000 Canadian in the Bank of Mount Royal. Bank of Mount Royal Assets Liabilities Reserves Deposits Loans & Securities After Ms. Clubmed's transaction with the Bank of Mount Royal and before any subsequent transactions find each of the following: Part 1) The change in Reserves is |Number Part 2) The change in Deposits is Number Part 3) The change in Loans &/or Securities is |Number Part 4) The bank's desired reserves are Number Part 5) The bank's actual reserves are Number Part 6) The bank's excess reserves are Number Part 7) The maximum this bank can lend is Number

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