How much are the banks excess reserves, Microeconomics

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How much are the banks excess reserves

Problem

If a bank has reserves of $35 million and demand deposits of $300 million, how much are the bank's (a) required reserves? (b) excess reserves?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Microeconomics: How much are the banks excess reserves

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Microeconomics: How much are the banks excess reserves

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