what's blank and the formulas I need help with

-2- Ch15 5. The entire banking system Max change in money supply - money multiplier x banking system's excess reserves 5. The purpose of this exercise is to illustrate the multiple expansion of bank deposits in a fractional- reserve banking system. Assume the Fed's legal reserve requirement is 20%%. The consolidated balance sheet of the U S. banking system indicates; Assets Liabilities Reserves $30,000 Checkable deposits $100,000 MUST SHOW FORMULA AND CACULATIONS FOR 6a - c AND 7a - c. The simple money multiplier equals actual money multiplier Formula The banking system has excess reserves of $ Formula (write out formula #1a): Formula (write out formula #1b): Loans and the money supply can be expanded by a maximum of $ 7. The purpose of this exercise is to show what happens to the maximum money-creating ability of the banking system when the Fed lowers the reserve requirement. Assume the Fed's reserve requirement is 1%. Use the balance sheet in question 6. Must write out the mathematical formulas and show your calculations The simple money multiplier equals Formula The banking system has excess reserves of $ Formula (write out formula #1a): Formula (write out formula #1b): Loans and the money supply can be expanded by a maximum of $