1. 5. Assume a required reserve of 0.20 (20 percent) to complete the following: Assets Liabilities Reserves...
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1. 5. Assume a required reserve of 0.20 (20 percent) to complete the following:
Assets Liabilities Reserves
€3,000,000 Deposits
€11,500,000 Loans
€6,000,000 Bonds
€2,500,000 Total
€11,500,000 Total
€11,500,000
a. Calculate the required reserves for this bank.
b. Calculate the excess reserves for this bank.
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Related Book For 
Macroeconomics In Context: A European Perspective
ISBN: 125382
1st Edition
Authors: Sebastian Dullien, Neva Goodwin, Jonathan M. Harris, Julie A. Nelson, Brian Roach, Mariano Torras
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