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10. Refer to the following table. Suppose the banking system currently has $300 billion in reserves, the reserve requirement is 5 percent, and excess reserves
10. Refer to the following table. Suppose the banking system currently has $300 billion in reserves, the reserve requirement is 5 percent, and excess reserves are $30 billion. The leverage ratio is 37, what is the owner's equity? (Assume that there is no debt, securities or other financial assets or liabilities hold in this bank. In accounting, Assets=Liabilities + Owner's Equity) Assets Liabilities and Owners' Equity Reserves Deposits Loans Capital (owners' equity) Select one: O A. 100 OB. 150 o C. 250 D. 300
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