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Examine the balance sheet for a bank below: Assets Liabilities Reserves 100 000 Demand Deposits 800 000 Loans 100 000 Capital 0 Buildings 600 000
Examine the balance sheet for a bank below: Assets Liabilities Reserves 100 000 Demand Deposits 800 000 Loans 100 000 Capital 0 Buildings 600 000 If the desired reserve ratio changes to 11 percent what is the desired reserves? ***You just need to put the number in your answer, no units or commas* **
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