Question: Use Table 1 to answer questions 1 and 2 . Assume that the Federal Reserve prints $149.00 in currency and uses the $149.00 in currency

Use Table 1 to answer questions 1 and 2 . Assume that the Federal Reserve prints $149.00 in currency and uses the $149.00 in currency to buy Treasury securities from the government. The government spends the $149.00, somebody earns it and they deposit into Bank A. The required reserve ratio is 7.00%. What are the Reserves in Bank E? $8.39 $9.02 $9.50 $7.80 Question 2 2.5 pts What are the totals for Deposits, Loans, and Reserves? $1980,$1980,$149$1980,$2129,$149$2129,$1980,$149$2129,$2129,$149 Use Table 1 to answer questions 1 and 2 . Assume that the Federal Reserve prints $149.00 in currency and uses the $149.00 in currency to buy Treasury securities from the government. The government spends the $149.00, somebody earns it and they deposit into Bank A. The required reserve ratio is 7.00%. What are the Reserves in Bank E? $8.39 $9.02 $9.50 $7.80 Question 2 2.5 pts What are the totals for Deposits, Loans, and Reserves? $1980,$1980,$149$1980,$2129,$149$2129,$1980,$149$2129,$2129,$149

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