Suppose the Bank of Canada buys $500,000 in bonds from Bank 1, and Bank 1 and all other banks have no excess reserves prior to this purchasea. What type of policy is this?OA Contractionary fiscal policyOB Expansionary monetary policyOC Expansionary fiscal policyOD Contractionary monetary policyOE None of the aboveb. What assets of the Bank of Canada change and by how much? Complete the second column of the following table by in each row entering "0" if the listod item is not an asset and/or does not changepositive number representing an increase in an asset, or a negative number representing a decrease in an asset (Do not include the $ symbol in your answers)Change in AssetCash and foreign depositsBank notes in circulationEquityGovernment secuntiesGovernment of Canada depositsMembers of Payments Canada deposits (reserves)Advance to members of Payments Canadac. What babilities of the Bank of Canada change and by how much? Complete the second column of the following table by in each row entering "0"d the listed dem is not a liability and/or does not changepositive number representing an increase in a hability, or a negative number representing a decrease in a lability (Do not include the $ symbol in your answers)Change in LiabilityCash and findenShow Transcribed TextCash and foreign depositsBank notes in orculationEquityc. What habites of the Bank of Canada change and by how much? Complete the second column of the following table by in each row entering "0" if the listed item is not a bability and or does not change, apositive number representing an increase in a liability, or a negative number representing a decrease in a lability (Do not include the 5 symbol in your answers)Change in LiabilityGovernment securitiesGoverment of Canada depositsMembers of Payments Canada deposits (reserves)Advance to members of Payments Canadad. What assets of Bank 1 change and by how much? Complete the second column of the following table by in each row entering "0" if the listed item is not an asset and/or does not change, a positive numberrepresenting an increase in an asset, or a negative number representing a decrease in an asset (Do not include the $ symbol in your answers)Change in AssetReservesDepositsSecurtosLoansBorrowing from Bank of Canadae. What liabilities of Bank 1 change and by how much? Complete the second column of the following table by in each row entering "0" if the listed dem is not a labrepresenting an increase in a liability, or a negative number representing a decrease in a lability (Do not include the $ symbor in your answers)Show Transcribed TextReservesDepositsSecuritiesLoansBonowing from Bank of Canadae. What ablities of Bank 1 change and by how much? Complete the second column of the following table by in each row entering "0" if the listed item is not a liability and/or does not change, a positive numberrepresenting an increase in a liability, or a negative number representing a decrease in a kability (Do not include the S symbol in your answers)Change in LiabilityĈSt. If the desired reserve ratio for Bank 1 and all other banks is 20 percent, then the maximum new loan Bank 1 can create is $ (Enter your response as a whole number. Do not include the $ symbol inyour answer)ReservesDepositsSecuntesLoansBonowing from Bank of Canadag. What assets of Bank 1 will change when it approves this new loan? Complete the second column of the following table by in each row entering "0" the listed item is not an asset and/or does not change, apositive number representing an increase in an asset, or a negative number representing a decrease in an asset (Do not include the $ symbol in your answers)Change in AssetPalmthe following tWhatwhennot include symbol your answers)positive number representing an increase in a babuity, or a negative number representing a decrease in a habily (Doy in each now entering at the listed dem es not a lability and or does not change, aShow Transcribed Textdoes not change, a postive numberChange in LiabilitytarReservesDepostsSecunbesLoansBorrowing from Bank of Canada)3DDWhat labites of Bank 111 will change when it approves this new loan? Complete the second column of the following table by in each row entering "0" if the listed dem is not a liability and or does not change, apositive number representing an increase in a liability, or a negative number representing a decrease in a liability (Do not include the 5 symbol in your answers)Change in Liabilityh. The maximum change in the money supply the entre chartered banking system can create due to the bank of Canada's purchase of the bonds a $ (Type a positive number to represent an inca inthe money supply or a negative number to represent a decrease in the money supply Do not include the 5 symbol in your answer)A Time Damsinin ene

Question

Suppose the Bank of Canada buys $500,000 in bonds from Bank 1, and Bank 1 and all other banks have no excess reserves prior to this purchasea. What type of policy is this?OA Contractionary fiscal policyOB Expansionary monetary policyOC Expansionary fiscal policyOD Contractionary monetary policyOE None of the aboveb. What assets of the Bank of Canada change and by how much? Complete the second column of the following table by in each row entering &#34;0&#34; if the listod item is not an asset and/or does not changepositive number representing an increase in an asset, or a negative number representing a decrease in an asset (Do not include the $ symbol in your answers)Change in AssetCash and foreign depositsBank notes in circulationEquityGovernment secuntiesGovernment of Canada depositsMembers of Payments Canada deposits (reserves)Advance to members of Payments Canadac. What babilities of the Bank of Canada change and by how much? Complete the second column of the following table by in each row entering &#34;0&#34;d the listed dem is not a liability and/or does not changepositive number representing an increase in a hability, or a negative number representing a decrease in a lability (Do not include the $ symbol in your answers)Change in LiabilityCash and findenShow Transcribed TextCash and foreign depositsBank notes in orculationEquityc. What habites of the Bank of Canada change and by how much? Complete the second column of the following table by in each row entering &#34;0&#34; if the listed item is not a bability and or does not change, apositive number representing an increase in a liability, or a negative number representing a decrease in a lability (Do not include the 5 symbol in your answers)Change in LiabilityGovernment securitiesGoverment of Canada depositsMembers of Payments Canada deposits (reserves)Advance to members of Payments Canadad. What assets of Bank 1 change and by how much? Complete the second column of the following table by in each row entering &#34;0&#34; if the listed item is not an asset and/or does not change, a positive numberrepresenting an increase in an asset, or a negative number representing a decrease in an asset (Do not include the $ symbol in your answers)Change in AssetReservesDepositsSecurtosLoansBorrowing from Bank of Canadae. What liabilities of Bank 1 change and by how much? Complete the second column of the following table by in each row entering &#34;0&#34; if the listed dem is not a labrepresenting an increase in a liability, or a negative number representing a decrease in a lability (Do not include the $ symbor in your answers)Show Transcribed TextReservesDepositsSecuritiesLoansBonowing from Bank of Canadae. What ablities of Bank 1 change and by how much? Complete the second column of the following table by in each row entering &#34;0&#34; if the listed item is not a liability and/or does not change, a positive numberrepresenting an increase in a liability, or a negative number representing a decrease in a kability (Do not include the S symbol in your answers)Change in LiabilityĈSt. If the desired reserve ratio for Bank 1 and all other banks is 20 percent, then the maximum new loan Bank 1 can create is $ (Enter your response as a whole number. Do not include the $ symbol inyour answer)ReservesDepositsSecuntesLoansBonowing from Bank of Canadag. What assets of Bank 1 will change when it approves this new loan? Complete the second column of the following table by in each row entering &#34;0&#34; the listed item is not an asset and/or does not change, apositive number representing an increase in an asset, or a negative number representing a decrease in an asset (Do not include the $ symbol in your answers)Change in AssetPalmthe following tWhatwhennot include symbol your answers)positive number representing an increase in a babuity, or a negative number representing a decrease in a habily (Doy in each now entering at the listed dem es not a lability and or does not change, aShow Transcribed Textdoes not change, a postive numberChange in LiabilitytarReservesDepostsSecunbesLoansBorrowing from Bank of Canada)3DDWhat labites of Bank 111 will change when it approves this new loan? Complete the second column of the following table by in each row entering &#34;0&#34; if the listed dem is not a liability and or does not change, apositive number representing an increase in a liability, or a negative number representing a decrease in a liability (Do not include the 5 symbol in your answers)Change in Liabilityh. The maximum change in the money supply the entre chartered banking system can create due to the bank of Canada's purchase of the bonds a $ (Type a positive number to represent an inca inthe money supply or a negative number to represent a decrease in the money supply Do not include the 5 symbol in your answer)A Time Damsinin ene

Accepted Answer

Assets: Assets are resources or economic resources owned or controlled by an individual, company, or…