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Business, 24.12.2020 16:20 wsdafvbhjkl

A bank has $200,000 in deposits and no excess reserves. The reserve ratio is 0.1 and a customer withdraws $10,000. To meet the reserve requirement, by how much must the bank increase its reserves

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A bank has $200,000 in deposits and no excess reserves. The reserve ratio is 0.1 and a customer with...
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