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Suppose the Federal Reserve set the reserve requirement at 20%. Assume that banks lend all reserves that are not required to be held. Instructions: Round

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Suppose the Federal Reserve set the reserve requirement at 20%. Assume that banks lend all reserves that are not required to be held. Instructions: Round your answers to two decimal places. a. Complete the table below based on this information. Fractional Recerve Rankinn b. Suppose instead that the reserve requirement is 25\%. Complete the table using the new reserve requirement. Fractional Reserve Banking c. As the reserve requirement increases, the amount of money create

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