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Use Table 11. Below is the balance sheet for Tribank. The required reserve ratio is 8.00%. Deposits fall by $8. Is the bank deficient or
Use Table 11. Below is the balance sheet for Tribank. The required reserve ratio is 8.00%. Deposits fall by $8. Is the bank deficient or have excess reserves and by how much? Deficient by $0.92 Exces5 of $7.08 Excess of $8.00 Deficient by $15.56
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