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Q:Question:simplified consoldated balance sheet shown below is for the entre commercial banking sysiem and that all figures are in bitions of dotars. The reserve ratio
Q:Question:simplified consoldated balance sheet shown below is for the entre commercial banking sysiem and that all figures are in bitions of dotars. The reserve ratio is 10 percent. Instructions: Refer to the balance sheet betow. Enter your answers as whole numbers a. What is the amount of excess reserves in this commercial banking system? : o bition. What is the maximum amount the banking system might lend? ; Show in columns 1(a) and 1 (a) how the cA:Answer:b) maximum amount can lend is the excess reserves ...
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