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4. A bank has $20,000 in reserves, $90,000 in bank loans, and $150,000 of checkable deposits. If the reserve requirement is 10%, what are

4. A bank has $20,000 in reserves, $90,000 in bank loans, and $150,000 of checkable deposits. If the reserve requirement is 10%, what are the bank's reserves? What is the maximum additional amount of loans the bank could make? What will happen to the nation's supply of finance if the Fed decreases the reserve requirement to 6 percent?

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