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Please check my work and also please explain how to do problem 17. my answers are: 14.) $100,000 15.) $300,000 16.) 10% 17.) $1,000,000 First
Please check my work and also please explain how to do problem 17.
my answers are:
14.) $100,000
15.) $300,000
16.) 10%
17.) $1,000,000
First National Bank of Xenia Assets Liabilities 200,000 DD 2,000,000 100,000 RR=200,000 100,000 cash Dep Fed Loans Please answer the next 4 questions based on the information presented in the slide above. 14. This bank can safely expand its loan portfolio in the amount of dollars. 15. This bank has actual reserves equal to dollars. 16. This bank is subject to a reserve ratio of %. 17. If all other banks in the system are all loaned up" and they all face the same rr as this bank, then what is the maximum potential increase in the Money SupplyStep by Step Solution
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