Business, 26.07.2020 01:01, kayabwaller4589

The desired reserve ratio is 3 percent. Robert deposits $3,000 in Bank America. Bank America keeps its minimum desired reserves and lends the excess to Fredrica. How much does Bank America lend to Fredrica?

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The desired reserve ratio is 3 percent. Robert deposits $3,000 in Bank America. Bank America keeps i...