Business, 24.09.2019 01:30, rogersdeloris1ovgm3b

Assume that the required reserve ratio is 20 percent. a business deposits a $50,000 check at bank a; the check is drawn against bank b. what happens to the excess reserves at bank a and bank b?

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Assume that the required reserve ratio is 20 percent. a business deposits a $50,000 check at bank a;...