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A US Bank has $500 million in deposits. The current reserve ratio is 12%. Velocity of money 1.5. Construct the balance sheet on a separate
A US Bank has $500 million in deposits. The current reserve ratio is 12%. Velocity of money 1.5. Construct the balance sheet on a separate sheet of paper and upload Assets Liabilities Reserves Deposits Loans & Securities Total Assets Total Liabilities
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