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Suppose the Bank of New Brunswick has excess reserves of $5,000 and deposits of $150,000. If the reserve ratio is 10 percent, what is the

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Suppose the Bank of New Brunswick has excess reserves of $5,000 and deposits of $150,000. If the reserve ratio is 10 percent, what is the size of the bank's total reserves?

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Question 4 [4 points] Suppose the Bank of New Brunswick has excess reserves of $5,000 and deposits of $150,000. If the reserve ratio is 10 percent, what is the size of the bank's total reserves? Total Reserves = $@

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