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  • 13-12-2021
  • Mathematics
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Use the above balance sheet for the ABC Bank. Assume the reserve ratio is 20 percent. Assuming the bank (single bank) loans out all of its excess reserves, and has a check cleared against it for that amount loaned, its actual reserves and checkable deposits will now be:

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johnathanluna789
johnathanluna789 johnathanluna789
  • 13-12-2021
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