Consider the balance sheet of one of several identical banks: Assets Liabilities & Net Worth Cash Reserves
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Question:
Consider the balance sheet of one of several identical banks:
| Assets | Liabilities & Net Worth | ||
| Cash Reserves | $ 400 | Deposits | $ 2,000 |
| Loans | $1,600 | Borrowing | $ 0 |
What is the required reserve ratio?
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