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Suppose a bank has the following Balance Sheet accounts: Loans (car loans, mortgages etc.) = $250, bonds = $200, Reserves = $100, Capital = $75
Suppose a bank has the following Balance Sheet accounts:
Loans (car loans, mortgages etc.) = $250,
bonds = $200,
Reserves = $100,
Capital = $75
Based on the above,explain in 1 - 2 sentenceshow much, at a minimum, the bank has to have in Reserves at the Fed today (in the time of Covid-19)
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