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Consider the following balance sheet for Capital One.

AssetsLiabilities
Reserves392Deposits2800
Loans2408

Suppose that Capital One 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 Citi.

AssetsLiabilities
Reserves880Deposits2200
Loans1320

Suppose that Citi 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 US Bank.

AssetsLiabilities
Reserves616Deposits1400
Loans784

Suppose that someone deposited $100 at US Bank.

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

Hint