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Suppose that when Mrs. Smythe makes a deposit at her bank, the bank keeps $5,000 in reserves and loans out $15,000 to other customers. What

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Suppose that when Mrs. Smythe makes a deposit at her bank, the bank keeps $5,000 in reserves and loans out $15,000 to other customers. What is the bank's desired reserve ratio? Please round your answer to one decimal place (one tenth of a percent). This bank's desired reserve ratio is percent

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