suppose the required reserve ratio is 10% and a bank has deposits of $100 million and holds reserves of $12 million. a. Calculate the bank's required reserves. Show your work. b. Calculate the bank's excess reserves. Show your work. C. If the bank receives a new deposit of $1,000: i. How much must the bank hold as reserves
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suppose the required reserve ratio is 10% and a bank has deposits of $100 million and holds reserves...
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