l. Consider a bank TO maintain ofdeposits as reserves. The bank currently has SIO million in deposits
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l. Consider a bank TO maintain ofdeposits as reserves. The bank currently has SIO million in deposits and holds in excess reserves What is the required reserve on a new deposit of 50,000?
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Related Book For 
Financial Markets and Institutions
ISBN: 978-0321280299
5th edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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