Suppose a banks balance sheet looks as follows assets
Suppose a bank's balance sheet looks as follows:Assets LiabilitiesReserves $450 Deposits $5,000
And banks are required to hold equal to 10 percent of deposits.a. How many excess reserves does the bank hold?b. How much more can this bank lend?
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Suppose a bank's balance sheet looks as follows: Assets Liabilities Reserves $450 Deposits $5,000 And banks are required to hold equal to 10 percent of deposits. a. How many excess reserves does the bank hold
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