Business
Business, 03.01.2020 04:31, AbhiramAkella

Federal reserve policy requires sun-trust bank to hold 12% of its deposits as reserves. sun-trust bank policy prevents it from holding excess reserves. if the federal reserve bank purchases $20 million in bonds from sun-trust what will be the result?

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Federal reserve policy requires sun-trust bank to hold 12% of its deposits as reserves. sun-trust ba...

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