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reserve ratio is 10% For the next three questions, consider a bank that has the following simplified balance sheet: There is no other relevant information,
reserve ratio is 10%
For the next three questions, consider a bank that has the following simplified balance sheet: There is no other relevant information, and you can assume that the reserve ratio is the same as in lecture. Calculate the amount of "other assets" for this bank, carefully following all numeric instructions. Question 6 2.5pts Again, please consider the bank that has the following simplified balance sheet: There is no other relevant information, and you can assume that the reserve ratio is the same as in lecture. Calculate the amount of this bank's required reserves, carefully following all numeric instructions. Question 7 2.5pts One last time, please consider the bank that has the following simplified balance sheet: There is no other relevant information, and you can assume that the reserve ratio is the same as in lecture. Calculate the maximum amount of new money this bank can create by itself, carefully following all numeric instructionsStep by Step Solution
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