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Q:Question:Suppose the simplified consolidated balance sheet shown below is for the entire commercial banking system and that all figures are in bilions of dollars. The

Q:Question:Suppose the simplified consolidated balance sheet shown below is for the entire commercial banking system and that all figures are in bilions of dollars. The reserve ratio is to percent. Instructions: Enter your answers as a whole number. a. What is the amount of excess reserves in this commercial banking system? bilion What is the maximum amount the banking system might lend? $ billion Show in columns 1(a) and 1(a) how the consolidatedA:Answer:The answer to the questions are provided in the im...

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