Business
Business, 04.04.2020 00:32, jumpgirll

Suppose Central City Bank has reserves equal to $ 900 million and deposits equal to $ 750 million. If the required reserve ratio is equal to 0.10 , and the desired reserve ratio equals 0.16 , 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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