Third national bank had a reserve of 20000 and checkable
Third national bank had a reserve of $20000 and checkable deposits of $200000. The reserve ratio is 10%. Households deposits $5000 in currency into the bank and that currency is added to reserves. What level of excess reserves does the bank now have
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given the followingnbspnbspnbsp p 1000 - 10qnbspnbspnbsp and tc 10125 100qnbsp 5q2where p is the product price and q
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third national bank had a reserve of 20000 and checkable deposits of 200000 the reserve ratio is 10 households
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