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Business, 21.07.2020 19:01 tinasidell1972

Assume that the following balance sheet portrays the state of the banking system. the banks currently have no excess reserves. Assets Liabilities and Net worth
(Billions of Dollars)
Total reserves 4 Chekable 20
Loans 11
Securities 5
Total 20 Total 20
What is the required reserve ratio?
a. 25%
b. 5%
c. 10%
d. 20%

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