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The following is the balance sheet for Raymond Bank, one of many commercial banks in a country. Assets Reserves Business loans Student loans Government securities

The following is the balance sheet for Raymond Bank, one of many commercial banks in a country.
Assets Reserves Business loans Student loans Government securities $5,000 $10,000 $8,000 $2,000 $25,000 Liabilities and Equity Deman deposits $20,000 Equity (Net worth) $5,000 Total liabilities and equity $25,000

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