Bank of Smileville ASSETS LIABILITIES Reserves 5,400 | Deposits 90, 000 Loans 84,600 | If the FEDs

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Bank of Smileville

ASSETS LIABILITIES

Reserves 5,400 | Deposits 90, 000 Loans 84,600 |

If the FEDs reserve requires 5%, then what is the quantity of excess reserves does the Bank of Smileville hold?

Related Book For answer-question

Foundations of Macroeconomics

ISBN: 978-0134492001

8th edition

Authors: Robin Bade, Michael Parkin

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Posted Date: Mar 10, 2024 04:58 AM

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Bank of Smileville ASSETS LIABILITIES Reserves 5,400 | Deposits 90, 000 Loans 84,600 | If the FEDs

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Foundations of Macroeconomics

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