Question: please help, i dont understand For the next three questions, consider Octa Bank, which has the following partial balance sheet: Calculate this bank's required reserves.


For the next three questions, consider Octa Bank, which has the following partial balance sheet: Calculate this bank's required reserves. Again, please consider Octa Bank, which has the following partial balance sheet: Calculate the maximum amount of money that the entire banking system, working together, can create, starting with Octa Bank's reserves position. One last time, consider Octa Bank, which has the following partial balance sheet: Let's say that Octa Bank is completely identical to every other bank in the area, and citizens hold $30,000 in cash. Calculate the actual amount of money that the entire banking system, working together, can create, starting with Octa Bank's reserves position
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