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You own the Bank of You bank. Your balance sheet is: Assets Liabilities Reserves $90 million Deposits $550 million Loans $625 million Bank capital $165
You own the Bank of You bank. Your balance sheet is: Assets Liabilities Reserves $90 million Deposits $550 million Loans $625 million Bank capital $165 million Someone comes in and withdraws $60 million. The required reserve ratio is 11%. Fully explain ONE thing you should do and why.
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