Business
Business, 17.03.2020 01:34, FavvBella84

A commercial bank has excess reserves of $10,000 and a required reserve ratio of 20%. It grants a loan of $8,000 to a customer, who then writes out a check for $8,000 that is deposited in another bank. The first bank will find its reserves decrease by

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A commercial bank has excess reserves of $10,000 and a required reserve ratio of 20%. It grants a lo...

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