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I only need question b (a) 3 Your answer is incorrect. Try again if the required reserves ratio is 8 percent, what dollar amount of
I only need question b
(a) 3 Your answer is incorrect. Try again if the required reserves ratio is 8 percent, what dollar amount of deposits can the bank have? (Round answer to decimal places, e.g. 150.) Bank deposits 108,750,000 million SHOW SOLUTION LINK TO TEXT Att: Your answer is incorrect. Try again. If the bank holds $73 million in deposits and currently holds bank reserves such that excess reserves are zero, what required reserves ratio is implied? (Round answer to i decimal place, 0.9.5.1.) Required reserves ratio 1.8 LINK TO TEXT (a) 3 Your answer is incorrect. Try again if the required reserves ratio is 8 percent, what dollar amount of deposits can the bank have? (Round answer to decimal places, e.g. 150.) Bank deposits 108,750,000 million SHOW SOLUTION LINK TO TEXT Att: Your answer is incorrect. Try again. If the bank holds $73 million in deposits and currently holds bank reserves such that excess reserves are zero, what required reserves ratio is implied? (Round answer to i decimal place, 0.9.5.1.) Required reserves ratio 1.8 LINK TO TEXT Step by Step Solution
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