What is the new balance sheet for the federal reserve banks

Reference no: EM13219823

The Federal Reserve Banks sell $3 billion in securites to members of the public, who pay for the bonds with checks. Show the new balance sheet for commercial banks if reserves = 33, securites = 60, checkable deposits = 150, and reserve banks = 3. show the new balance sheet for the federal reserve banks if securites = 60, loans to commercial banks = 3, reserves of commercial banks = 33, treasury deposits = 3 and federal reserve notes = 27.

Reference no: EM13219823

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