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Suppose Robina Bank receives a deposit of $52,589 and the reserve requirement following questions using this information. is 6%. Answer the Round your answers to

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Suppose Robina Bank receives a deposit of $52,589 and the reserve requirement following questions using this information. is 6%. Answer the Round your answers to two decimal places. What is the amount that Robina Bank must keep on hand as required by the Federal Reserve (Fed)? Number What is the amount that Robina Bank must have in excess reserves from this initial deposit? Number What is the maximum possible change in the M1 money supply as a result of this one deposit? Number

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