If there is no currency drain, what is the quantity of loans and the quantity of total
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The Peoples Bank of China lowered the required reserve ratio from 17.5 percent to 17 percent, noting that it remained much higher than in other countries.
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Liabilities Assets (millions of dollars) 25 Reserves at the Fed Cash in vault Securities Loans Checkable deposits 15 Savings deposits 90 110 60 100
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The bank increases its loans by 30 million so the total will b...View the full answer
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