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Business, 14.04.2021 19:10 johajackson2014

A bank has deposits of $400. It holds reserves of $50. It has purchased government bonds worth $70. It has made loans of $500. Set up a T-account balance sheet for the bank, with assets and liabilities, and calculate the bank’s net worth

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A bank has deposits of $400. It holds reserves of $50. It has purchased government bonds worth $70....
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