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Suppose the simplified consolidated balance sheet shown below is for the entire commercial banking system. All figures are in billions of rands. The reserve

 

Suppose the simplified consolidated balance sheet shown below is for the entire commercial banking system. All figures are in billions of rands. The reserve ratio is 9%. Table 2: Simplified Consolidated Banking System Balance Sheet Assets Liabilities Reserves R70.5 Deposits R450 Securities R219.5 Loans R160

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