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Q:Question:balance sheet shown below is for the entire commercial banking system and that all figures are in billions of dollars. The reserve ratio is 10
Q:Question:balance sheet shown below is for the entire commercial banking system and that all figures are in billions of dollars. The reserve ratio is 10 percent. Instructions: Enter your answers as a whole number. a. What is the amount of excess reserves in this commercial banking system? $ billion What is the maximum amount the banking system might lend? $ billion /r/n What is the maximum amount the banking system might lend? $ billion Show in columns
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