The Bank of Speedy Creek has chosen the following initial balance sheet:
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a) M1=
deposit, Johnny goes into the Bank of Speedy Creek and deposits $10. After Johnny's deposit, the economy is now (Show Work)
(Show Work) 3. The Bank of Speedy Creek has chosen the following initial balance sheet: Assets Liabilities Reserves $40 (e M1= Deposits $500 Loans $460 (Show Work) b) $500 Johnny goes into the Bank of Speedy Creek and deposits $10. After Johnny's deposit, but before any other actions occur, the total amount of money in the economy is now The (Show Work)