Business, 26.07.2019 13:00, elirosejohlandancel

The manager of the bank where you work tells you that your bank has $10 million in excess reserves. she also tells you that the bank has $400 million in deposits and $355 million dollars in loans. given this information you find that the reserve requirement must be a. 35/355. b. 45/355. c. 35/400. d. 45/400.

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The manager of the bank where you work tells you that your bank has $10 million in excess reserves....