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The manager of the bank where you work tells you that your bank has $10 million in excess reserves. She also tells you that the bank has $200 million in deposits and $165 million in loans. Given this information
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The manager of the bank where you work tells you that your bank has $10 million in excess reserves. She also tells you that the bank has $200 million in deposits and $165 million in loans. Given this information you find that the reserve requirement must be

User Martin Clarke
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5 votes

Answer:

25/200

Step-by-step explanation:

asset - Liabilities

35 200

165

(200-165-10)/200 = 25/200

User Abhiram Mishra
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