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Business, 16.04.2020 20:43 greenbyron88

Suppose that Serendipity Bank has excess reserves of $8,000 and checkable deposits of $200,000. Instructions: Enter your answer as a whole number. If the reserve ratio is 20 percent, what is the size of the bank's actual reserves

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Suppose that Serendipity Bank has excess reserves of $8,000 and checkable deposits of $200,000. Inst...
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