What are the actual reserves of this bank? Explain ASSETS cash in the vault: deposit at the
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What are the actual reserves of this bank? Explain
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ASSETS cash in the vault: deposit at the Fed US treasury bonds: loans: building: TOTALS: LIABILITIES & NET WORTH demand deposits*: $5,000,000 $300,000 $300,000 $100,000 $2,900,000 $2,000,000 $5,600,000 TOTALS: *Note: demand deposits are regular checking accounts capital stock: $600,000 $5,600,000 ASSETS cash in the vault: deposit at the Fed US treasury bonds: loans: building: TOTALS: LIABILITIES & NET WORTH demand deposits*: $5,000,000 $300,000 $300,000 $100,000 $2,900,000 $2,000,000 $5,600,000 TOTALS: *Note: demand deposits are regular checking accounts capital stock: $600,000 $5,600,000 ASSETS cash in the vault: deposit at the Fed US treasury bonds: loans: building: TOTALS: LIABILITIES & NET WORTH demand deposits*: $5,000,000 $300,000 $300,000 $100,000 $2,900,000 $2,000,000 $5,600,000 TOTALS: *Note: demand deposits are regular checking accounts capital stock: $600,000 $5,600,000 ASSETS cash in the vault: deposit at the Fed US treasury bonds: loans: building: TOTALS: LIABILITIES & NET WORTH demand deposits*: $5,000,000 $300,000 $300,000 $100,000 $2,900,000 $2,000,000 $5,600,000 TOTALS: *Note: demand deposits are regular checking accounts capital stock: $600,000 $5,600,000
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