Complete the following table to reffect any changes in Southesst Mutual Bank's T-wcoount (before the bank makes anv naw icanc). Complete the following table to show the effect of a new deposit on excess and required reserves when the required reserve ratio as
25%
. Hint: if the change is negative, be sure to enter the value as negative number. Now, suppose Southeast Mutual Bark loans cut all of its new excess reserves to Eileen, who immediately uses the funds to wite a check to ciancy. Clancy deposits the funds immediately into his checking account at Walis Fergo Bank. Then Walls Fergo Bank lends out al of its new escess reserves to Manuel, who writes a check to Kate, who deposits the money into her account at PJMorton Bank. PJMorton lends out ali of its new excess reservers to Poomima in turn. Fil in the foltowing table to show the effect of this ongoing chain of events at each band. Enter each arswer to the nearest dollar. assumptions, the
31,800,000
injection inte the moner sueply results in an overal increase ef in demant depon ta Complete the following table to refi ble to reflect any changes in theast Mutual Bank's T-account (before the -account (before the bank makes any new loans). Lii equin eserve ratio is
25%
. Reserves
