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Show the balance sheet of the Federal Reserve and National Bankif National Bank converts 90 percent of its excess reserves toloans and borrowers return 80
Show the balance sheet of the Federal Reserve and National Bankif National Bank converts 90 percent of its excess reserves toloans and borrowers return 80 percent of these funds to NationalBank as National Bank currently has \( \$ 1,950 \) million in transaction deposits on its balance sheet. The current reserve requirement is 12 percent, but the Federal Reserve is decreasing this requirement t 0 answers
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