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a bank has $200 million in demand deposits and $150 million in reserves. the reserve ratio is 20 percent. what is the maximum amount of loans the bank can make from its reserves?
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9 votes
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a bank has $200 million in demand deposits and $150 million in reserves. the reserve ratio is 20 percent. what is the maximum amount of loans the bank can make from its reserves?

User Jibin Mathews
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11 votes
11 votes

Answer:

assume that rent following br 300 that as been realized but not collected for the month of December has not Ben recorded received adjusting entry on December 31

User Skacc
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