Question: Please answer QUESTION 27 5 points Save Answer i) Answer the next question based on the following consolidated balance sheet for the chartered banking system.
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QUESTION 27 5 points Save Answer i) Answer the next question based on the following consolidated balance sheet for the chartered banking system. Assume the desired reserve ratio is 25 percent. All figures are in millions of dollars. Show your calculations where applicable. Assets (1) Liabilities (1 ) Reserves $200 Demand Deposits $600 Securities 500 Capital Stock 700 Loans 100 Property 500 . What is the amount of excess reserves in this chartered banking system? . What is the maximum amount that the money supply can be expanded? . Show how the balance sheet would look (show every separate item) after this amount has been lent out. What is the size of the money multiplier
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