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The Worlds Best Bank (WBB) is the only bank in the country

    The World’s Best Bank (WBB) is the only bank in the country and its T-account is:———————————————————————————————————————–Assets  (in $ million)  Liabilities  (in $ million) ———————————————————————————————————————–Reserves    300  Deposits  600Loans    200Cash held in overseas banks   100  Debt  200Securities    300    Capital (owner’s equity)  100Suppose a foreign depositor withdraws $100 million from his WBB account and transfers the funds to his overseas account. What happens to WBB’s reserve ratio? What happens to the money supply?

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