Suppose that your marginal federal income tax rate is 30%, a…

Suppose that your marginal federal income tax rate is 30%, and the yield on thirty-year U.S. Treasury bonds is 5.2%. You would be indifferent between buying a thirty-year Treasury bond and buying a thirty-year municipal bond issued within your state (ignoring differences in liquidity, risk, and costs of information) if the municipal bond has a yield of

Your bank has the following balance sheet:AssetsLiabilitiesR…

Your bank has the following balance sheet:AssetsLiabilitiesReserves $15 million Checkable deposits $200 millionSecurities $80 million Loans $115 million Bank capital $10 millionIf the required reserve ratio is 5%, what will be the size of this bank (as measured by its total assets or liabilities) after $10 million deposit outflow if it just meets reserve deficiency by borrowing on the federal funds market?