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Suppose that a bank has $160 in checkable deposits, reserves of $15, and a reserve requirement of 10%. Also assume that the the bank suffers

Suppose that a bank has

$160

in checkable deposits, reserves of

$15,

and a reserve requirement of 10%. Also assume that the the bank suffers a

$10

deposit outflow. If the bank chooses to borrow from the Fed to meet its reserve requirement, then the bank would need to borrow

$enter your response here.

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