5-3c Balance Sheets and Money Creation
Choose all the correct answers using the data that follow in each balance sheet.
Remember your money creation formulas and that DD can be loaned out.
If you need help, you can view the lesson on the balance sheets in the embedded video. The first 12 minutes are about balance sheets. At the 12 minute mark, I go over the specific problems in this quia. Feel free to go back and forth to gain understanding.
TR = RR + ER
MM = 1/.RR
PMC = MM x ER
TMS = PMC + original DD
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