Suppose that Serendipity Bank has excess reserves of 12,000 and checkable deposits of $150,000. If the reserve

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Suppose that Serendipity Bank has excess reserves of 12,000 and checkable deposits of $150,000. If the reserve ratio is 10%, what is the size of the bank's actual reserves

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Suppose that Serendipity Bank has excess reserves of 12,000 and checkable deposits of $150,000. If the reserve

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