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Consider a bank with the following balance sheet. If the bank is holding no excess reserves, what is the required reserve rate? ASSETS Reserves Loans

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Consider a bank with the following balance sheet. If the bank is holding no excess reserves, what is the required reserve rate? ASSETS Reserves Loans Securities LIABILITIES 50,000 Deposits 1,800,000 see,eee Borrowing 500, eee Bank Capital 5 50,000 e Multiple Choice 5

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