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Assets Liabilities Reserves $100 million Deposits $600 million Loans $700 million Bank capital $200 million If the bank suffers a deposit outflow of $87 million

Assets

Liabilities

Reserves

$100 million

Deposits

$600 million

Loans

$700 million

Bank capital

$200 million

If the bank suffers a deposit outflow of $87 million and the bank has a required reserve ratio on deposits of 10%, how much is the banks shortfall in reserves?

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