Amy won the lottery and deposits $100,000 into TD Canada Trust. Bob wants to purchase a used vehicle from Candice so he borrows $80,000 from TD Canada Trust to make

Amy won the lottery and deposits $100,000 into TD Canada Trust.
Bob wants to purchase a used vehicle from Candice so he borrows
$80,000 from TD Canada Trust to make the purchase. Candice
deposits all the money received from the sale of the used vehicle
from Bob into CIBC. The Bank of Canada set the desired/required
reserve ratio for all banks to be 20% and there are no currency
drain.
a) How will the T-Account for TD Canada Trust change?
b) How will the T-Account for CIBC change?
c) is the level of required reserves TD Canada Trust must hold
after Amy’s deposit?
d) is the level of required reserves CIBC must hold after
Candice’s deposit?
e) Are the required reserves between TD Canada Trust and CIBC the
same? Explain why or why not.

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