Suppose that a bank currently has assets of 24000 in


Suppose that a bank currently has assets of $24,000 in reserves and $176,000 in loans and liabilities of $200,000 in deposits. If the required reserve ratio is 10%, what are the bank's required and excess reserves? What is the bank likely to do?

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Econometrics: Suppose that a bank currently has assets of 24000 in
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