A customer of bank x writes a 20000 check for a new car
A customer of Bank X writes a $20,000 check for a new car, which the car dealer deposits in his bank, Bank Y. How do Bank X's and Bank Y's reserves change and by how much? Please show your work.
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a customer of bank x writes a 20000 check for a new car which the car dealer deposits in his bank bank y how do bank xs
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assume that the required reserve rate is ten percent banks want to hold excess reserves in an amount that equals three
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