Answered You can hire a professional tutor to get the answer.
QUESTION
Start with the same Balance Sheet and required reserve ratio found in Part 1 above, and using the fact that the Federal Reserve had just bought $50...
Please help! I'm stuck on this and don't understand it all all!
Start with the same Balance Sheet and required reserve ratio found in Part 1 above, and using the fact that the Federal Reserve had just bought $50 million worth ofTreasury Bonds (T-bonds) from the Bank of Upland at the end of business on October 1, 2017 (no other transaction occurred at the Bank of Upland on October 1,2017), answer the following questions.a) Fill in the Bank of Upland's Balance Sheet numbers as of the start of business on October 2, 2017 for the categories found below. Start with the numbers in Part 1above and incorporate the fact that the Federal Reserve (using Open Market Operations) had just bought $50 million worth of Treasury Bonds (T-bonds) from theBank of Upland. Using a Word Table might help.Bank of UplandAssetsLiabilitiesVault CashDemand DepositsTreasury BondsCar LoansBusiness LoansCredit Card Loanson Deposit with the FedMortgagesTotal AssetsTotal Liabilitiesb) Calculate the Bank of Upland's Total Reserves as of October 2, 2017 (please show/explain how you got your answer)c) Calculate the Bank of Upland's Required Reserves as of October 2, 2017 (please show/explain how you got your answer)d) Calculate the Bank of Upland's Excess Reserves as of October 2, 2017 (please show/explain how you got your answer)e) Determine the amount of Bank of Upland's Total Reserves which can legally be loaned out as of October 2, 2017 (please show/explain how you got your answer)f) Calculate the Bank of Upland's Money Creating Potential throughout the entire Banking System as of October 2, 2017 (please show/explain how you got youranswer).g) Explain the reason the Federal Reserve would BUY these T-bonds from the Bank of Upland and explain what the Federal Reserve is worried about. (In otherwords, what economic condition is the Fed trying to avoid and how would the bond purchase help the Fed to avoid this economic condition.)