If a bank has 100 million in deposits and 16 million in
If a bank has $100 million in deposits and $16 million in reserves with a reserve requirement of 0.15, (a) How much are its required reserves? (b) How much excess reserves does it have? How much can it lend?
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if a bank has 100 million in deposits and 16 million in reserves with a reserve requirement of 015 a how much are its
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