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Assets Reserves Loans $2,000 $18,000 Liabilities Deposits $20,000 Refer to the above table. Suppose the Fed's reserve requirement is 9 percent. How much excess reserves
Assets Reserves Loans $2,000 $18,000 Liabilities Deposits $20,000 Refer to the above table. Suppose the Fed's reserve requirement is 9 percent. How much excess reserves does the bank hold? $2,000 $0 $200 $1,800
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