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please answer Answer the following questions. 1. Jackson deposits his $10,000 Christmas bonus into his savings account at the Jedi Credit Union. If the required

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Answer the following questions. 1. Jackson deposits his $10,000 Christmas bonus into his savings account at the Jedi Credit Union. If the required reserve ratio is 18%, how much must the bank hold in required reserves? 2. Luke deposits $15,000 in cash into his checking account at the First Bank of the Empire. If the required reserve ratio is 20%, what are the bank's excess reserves? 3. Identify what will happen to each of the Fed's tools, the required reserve ratio (increase, decrease), the discount rate (increase, decrease) and U.S. Treasury bills (buy, sell), given the following scenarios. a. Significant decreases in real GDP for three straight quarters b. Increases in the unemployment rate over the past six months c. Monthly increases in the producer price index for the past four months d. A severe depression e. Significant increases in the CPI over the past six months

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