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Consider the following balance sheet for Citi.

AssetsLiabilities
Reserves180Deposits1000
Loans820

Suppose that Citi is a typical bank and keeps only the required reserves. Given this data, what is the money multiplier?

Hint

Consider the following balance sheet for TD.

AssetsLiabilities
Reserves65Deposits1300
Loans1235

Suppose that TD is a typical bank and keeps only the required reserves. In addition, suppose that someone deposited $400.

Given this data, what is the total change in the M1 Money Supply?

Hint

Consider the following balance sheet for Citi.

AssetsLiabilities
Reserves1225Deposits2500
Loans1275

Suppose that someone deposited $100 at Citi.

Given this data, what is the maximum amount by which the money supply will increase?

Hint

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