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3. The commercial banks in Zap have Reserves $250 million and Deposits $2,000 million. If the banks hold no excess reserves, calculate the following: a.

3. The commercial banks in Zap have Reserves $250 million and Deposits $2,000 million. If the banks hold no excess reserves, calculate the following: a. the total deposits, (2 marks) 3. the total reserves and 2 marks) c. the total loans (2 marks)

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