Try another version of these questions Consider the following balance sheet for PNC. Suppose that PNC 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 Wells Fargo. Suppose that Wells Fargo 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 TD Bank. Suppose that someone deposited $200 at TD Bank.
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 912 Deposits 2400 Loans 1488
Enter DNE for Does Not Exist, oo for InfinityAssets Liabilities Reserves 532 Deposits 2800 Loans 2268
Enter DNE for Does Not Exist, oo for InfinityAssets Liabilities Reserves 600 Deposits 2500 Loans 1900
Enter DNE for Does Not Exist, oo for Infinity