Question: Question 13 (5 points) Listen The commercial banking system has excess reserves of $2,000. Then new loans of $30,000 are subsequently made, and the system

 Question 13 (5 points) Listen The commercial banking system has excess

reserves of $2,000. Then new loans of $30,000 are subsequently made, and

Question 13 (5 points) Listen The commercial banking system has excess reserves of $2,000. Then new loans of $30,000 are subsequently made, and the system ends up just meeting its reserve requirements. The required reserve ratio must be Your Answer: Answer Question 14 (10 points)

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