Consolidated Balance Sheets 15-2 Problems
15-2 Consolidated Balance Sheet: All Commercial Banks Assets: Initial Data Lower Discount Rate = 1 Bill new Borrowing Fed sells $3B securities to public who pay w/ check Fed buys $2 billion of sec from commercia l banks. Reserves3333+1=3433-3=3033+2=35 Securities =58 Loans60 Liabilities & Net W: Checkable Dep = Loans from Fed Reserve Banks 33+1=433
Consolidated Balance Sheet: FEDERAL RESERVE BANKS Assets: Initial Data Lower Discount Rate = 1 Bill new Borrowing Fed sells $3B securities to public who pay w/ check Fed buys $2 billion of sec from commercia l banks. Securities =5760+2=62 Loans to Commercial Banks 33+1=433 Liabilities & Net W: Res of Comm Bk =3433-3=3033+2=35 Treasury Dep Federal Reserve Notes 27