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Assume a target reserve ratio of 10%. A cheque for $45000 is drawn on an account in Bank B and deposited in a checking deposit

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Assume a target reserve ratio of 10%. A cheque for $45000 is drawn on an account in Bank B and deposited in a checking deposit in Bank A. Round your final answers to 2 decimal placesr if necessary. Do not enter comma , or dollar sign ($) while entering your answer. a. By how much have the excess reserves of Bank A increased? 4050 b. How much in the form of new loans is Bank A now able to extend to borrowers? 4050 . By how much have reserves of Bank B decreased? 0 500 i D. . By how much have excess reserves of Bank B decreased? 4500 e. By howr much has the money supply increased? 500

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