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Commercial banks have governments bonds of 56 and currency of 25. The public holds currency of 100 and 23 in government bonds.Deposits are equal to
Commercial banks have governments bonds of 56 and currency of 25. The public holds currency of 100 and 23 in government bonds.Deposits are equal to 1000 and the money multiplier is equal to 10.
What are the reserves of the commercial banking sector?
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