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Suppose that the total liabilities of a depository institution are transactions deposits equal to $4 billion. It has $3.00 billion in loans andsecurities, and the

Suppose that the total liabilities of a depository institution are transactions deposits equal to $4 billion. It has $3.00 billion in loans andsecurities, and the required reserve ratio is 10 percent.

Calculate thisinstitution's excess reserves.

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