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The First Bank of Roswell Assets Liabilities Reserves $30,000 Deposits $200,000 Loans 170,000 Suppose the bank faces a reserve requirement of 10 percent. Starting from

The First Bank of Roswell

Assets Liabilities

Reserves $30,000 Deposits $200,000

Loans 170,000

Suppose the bank faces a reserve requirement of 10 percent. Starting from the situation as depicted by the T-account, a customer deposits an additional $60,000 into his account at the bank. What is excess reserve?

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