Business, 17.03.2020 05:42 Robinlynn228
A bank has a reserve requirement of 0.08. If it has demand deposits of $200,000 and is holding $4,000 in reserves: a. the bank is holding $2,000 in excess reserves. b. the bank could extend additional loans and still meet its reserve requirement. c. all the bank's reserves are excess reserves. d. the bank is not meeting its reserve requirement.
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A bank has a reserve requirement of 0.08. If it has demand deposits of $200,000 and is holding $4,00...
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