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Business, 10.04.2020 03:37 BeautyxQueen
Required and excess reserves Suppose that Second Republic Bank currently has $200,000 in demand deposits and $130,000 in outstanding loans. The Federal Reserve has set the reserve requirement at 10%.What are the Reserves, Required Reserves, and Excess Reserves?
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Required and excess reserves Suppose that Second Republic Bank currently has $200,000 in demand depo...
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