Reserves $ 100 Checkable Deposits 1,000 Loans (to customers) 300 Property Securities (owned) Stock Shares 400 300 100 Refer to the accompanying table of information for the Moolah Bank. Assume that the listed amounts constitute this bank's complete set of accounts. Moolah's assets are $1,100. liabilities are $1,100. net worth is $300. profit is $1,000.
Reserves $ 100 Checkable Deposits 1,000 Loans (to customers) 300 Property Securities (owned) Stock Shares 400 300 100 Refer to the accompanying table of information for the Moolah Bank. Assume that the listed amounts constitute this bank's complete set of accounts. Moolah's assets are $1,100. liabilities are $1,100. net worth is $300. profit is $1,000.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter27: Money And Banking
Section: Chapter Questions
Problem 30P: A bank has deposits of 400. It holds reserves of 50. It has purchased government bonds worth 70. It...
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Transcribed Image Text:Reserves
$ 100
Checkable Deposits
1,000
300
Loans (to customers)
Property
Securities (owned)
Stock Shares
400
300
100
Refer to the accompanying table of information for the Moolah Bank. Assume that the listed amounts constitute this bank's complete set of accounts.
Moolah's
assets are $1,100.
liabilities are $1,100.
net worth is $300.
profit is $1,000.
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