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For every $2000 indeposits, the amount that banks lost in forgone interest(opportunity cost) because of reserve requirements if banks charged 12% on loans and the
For every $2000 indeposits, the amount that banks lost in forgone interest(opportunity cost) because of reserve requirements if banks charged 12% on loans and the require reserve ratio was 21% is $? (Round your response to the nearest two decimalplace.)
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