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A bank has $10,000 of checkable deposits and a required reserve ratio of 10 percent. The bank currently holds $9,000 in reserves. How much of
A bank has $10,000 of checkable deposits and a required reserve ratio of 10 percent. The bank currently holds $9,000 in reserves. How much of these reserves are excess reserves? Excess reserves are $ (Round your response to the nearest dollar)
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