Business
Business, 25.07.2019 22:00, Bloom247

Suppose a bank's balance sheet is as follows and banks are required to hold reserves equal to 20 percent of deposits: assets liabilities reserves $2,700 deposits $7,20 a. does the bank hold excess reserves? if so, how much? b. can this bank lend more? if so, how much?

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Suppose a bank's balance sheet is as follows and banks are required to hold reserves equal to 20 per...

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