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Suppose the banks in the Federal Reserve system have $40 billion in transactions accounts, the required reserve ratio is 0.15, and there are no excess

Suppose the banks in the Federal Reserve system have $40 billion in transactions accounts, the required reserve ratio is 0.15, and there are no excess reserves in the system. If the required reserve ratio is changed to 0.10, then the amount of excess reserves would be:

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Negative $6 billion.

Negative $2 billion.

$2 billion.

$6 billion.

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