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(Solved): The Bank of Mount Royal, a Canadian Bank, starts with a zero balance sheet below. The bank reserve ...
The Bank of Mount Royal, a Canadian Bank, starts with a zero balance sheet below. The bank reserve ratio is \( 17 \% \). (ignore all other items.) Ms. Clubmed returns from sabbatical in Outer Mongolia and deposits 26,000 Canadian in the Bank of Mount Royal. Bank of Mount Royal Assets. Liabilities Reserves Deposits. Loans \& Securities After Ms. Clubmed's transaction with the Bank of Mount Royal and betore any subsequent transactions find each of the following: Par 1) The change in Reserves is Part 2) The change in Deposits is Part 3) The change in Loans 8 or Securities is Part 4) The bank's desired reserves are Pan 5) The bank's actual reserves are Part 6) The bank's excoss reservas are Part 7 The maximum this bank can lend is