Your answers are saved automatically. uestion Completion Status: QUESTION 1 $400 million $360 million $324 million $583.2 million $291.6 million $40 million $36 million $32.4 million $58.32 million $29.16 million $0 The Fed just purchased $400 million in bonds from MSNBC Bank. MSNBC Bank is now able to make a loan of Sally deposits these funds at CNN Bank. CNN Bank is now able to make a loan of to Tom. Assume a reserve requirement of 10%. (2 pts) to Sally Your answers are saved automatically. estion Completion Status: $400 million $360 million $324 million $583.2 million $291.6 million $40 million $36 million $32.4 million $58.32 million $29.16 million loan of QUESTION 1 The Fed just purchased $400 million in bonds from MSNBC Bank. MSNBC Bank is $0 Sally deposits these funds at CNN Bank. CNN Bank is now able to make a loan of requirement of 10%. (2 pts) to Tom. Assume a reserve to Sally