The following are simplified consolidated balance sheets for the chartered banking system and the Bank of Canada.Do not cumulate your answers; that is, do return to the data given in the original balance sheets in answering each question.Assume a desired reserve ratio of 5 percent for the chartered banks.All figures are in billions of dollars.CONSOLIDATED BALANCE SHEET: CHARTERED BANKING SYSTEM 
BALANCE SHEET: BANK OF CANADA
Refer to the above information.The chartered banks have excess reserves of:
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Bleeding
The process of losing blood from the circulatory system due to injury or illness.
Eclectic Psychotherapist
A therapist who combines methods from various psychological theories and approaches to suit the needs of individual clients.
Nondirective Approach
A therapeutic technique in which the counselor or therapist provides minimal guidance, allowing individuals to lead the discussion and discover their own solutions.
Psychoanalysis
A psychological theory and therapy method developed by Sigmund Freud that aims to treat mental disorders by investigating the interaction of conscious and unconscious elements in the mind and bringing repressed fears and conflicts into the conscious mind.
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