Try another version of these questions Consider the following balance sheet for Wells Fargo. Suppose that Wells Fargo is a typical bank and keeps only the required reserves. Given this data, what is the money multiplier? Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Consider the following balance sheet for Citi. Suppose that Citi is a typical bank and keeps only the required reserves. In addition, suppose that someone deposited $600.
Given this data, what is the total change in the M1 Money Supply? Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172 Consider the following balance sheet for PNC. Suppose that someone deposited $500 at PNC.
Given this data, what is the maximum amount by which the money supply will increase? Box 1: Enter your answer as an integer or decimal number. Examples: 3, -4, 5.5172Assets Liabilities Reserves 576 Deposits 1200 Loans 624
Enter DNE for Does Not Exist, oo for InfinityAssets Liabilities Reserves 574 Deposits 1400 Loans 826
Enter DNE for Does Not Exist, oo for InfinityAssets Liabilities Reserves 464 Deposits 1600 Loans 1136
Enter DNE for Does Not Exist, oo for Infinity