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This page has a total of 2 questions worth 2.5 points each. a. ABC Bank has $210,000 of checkable deposits. If the Federal Reserve has
This page has a total of 2 questions worth 2.5 points each. a. ABC Bank has $210,000 of checkable deposits. If the Federal Reserve has a reserve requirement of 13 percent, what is the required reserves? $ b. XYZ Bank has required reserves of $10,080 and excess reserves of $325,920, what is the amount of actual reserves? $
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