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Briefly discuss the risks faced by the retail banks, with core business in deposit taking and lending, when the following situation happens: a. the economy

image text in transcribed Briefly discuss the risks faced by the retail banks, with core business in deposit taking and lending, when the following situation happens: a. the economy falls into recession with unemployment rate jumps over 10%. 4 marks b. the Central bank just announces to increase the current required reserve ratio by 300%. 4 marks Use examples to support your explanations

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