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Suppose the Fed pays no interest on bank reserves. For every $3000 in deposits, how much do banks lose in forgone interest due to the
Suppose the Fed pays no interest on bank reserves. For every $3000 in deposits, how much do banks lose in forgone interest due to the reserve requrement (after rounding to the nearest two decimal place the reserve requirement is 11% and the rate at which banks lend is 7% OA 231 OB 210 OC 231 OD 330 at the restule on the loans increases, then the opportunty cost of the reserves
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