Abanks only liabilities are 14million in transactions


Abank's only liabilities are $14million in transactions deposits. The bank currently meets its reserverequirement, and it holds no excess reserves.The required reserve ratio is 0.08. Assuming that its only assets are legal reserves, loans, and securities, calculate the value of loans and securities held by the bank.

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Microeconomics: Abanks only liabilities are 14million in transactions
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