Question
According to the table below calculate the amount of loans. If total required reserves for this Bank X is 1000, calculate the required reserve
According to the table below calculate the amount of loans. If total required reserves for this Bank X is 1000, calculate the required reserve ratio. Are there any excess reserves? If there are, how much? Assets. Liabilities Reserves2500 Loans 20000Deposits
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Principles of Finance
Authors: Scott Besley, Eugene F. Brigham
5th edition
1111527369, 978-1111527365
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