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Business, 14.04.2020 17:23 rebekahhenton

Suppose Central City Bank has reserves equal to $ 900 million and deposits equal to $ 750 million. If the required reserve ratio is equal to 0.11 , and the desired reserve ratio equals 0.17 , what is the value of Central City Bank's excess reserves

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Suppose Central City Bank has reserves equal to $ 900 million and deposits equal to $ 750 million. I...
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