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Assets Liabilities Reserve Requirement is 15% Reserves= 500,000 Checking Deposits = 1,000,000 Bonds = 100,000Bank Capital = 500,000 Loans = ? *Show all work.
Assets Liabilities
Reserve Requirement is 15%
Reserves= 500,000 Checking Deposits = 1,000,000
Bonds = 100,000Bank Capital = 500,000
Loans = ?
*Show all work.
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