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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 billions 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 billions of dollars. The reserve ratio is 25 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? \( \$ \) bilion Show in columns \( 1(a) \) and \( 1(a) \)A:Answer:Answer- A) The required reserve ratio is 25% that ...

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