Business
Business, 14.06.2021 16:00, tatipop49

Suppose that a bank has ​$80 in checkable​ deposits, reserves of ​$15 ​, and a reserve requirement of​ 10%. Also assume that the the bank suffers a ​$6 deposit outflow. If the bank chooses to borrow from the Fed to meet its reserve​ requirement, then the bank would need to borrow ​$nothing . ​(Round your response to the nearest two decimal​ place.)

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Suppose that a bank has ​$80 in checkable​ deposits, reserves of ​$15 ​, and a reserve requirement o...

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