Business, 05.03.2020 23:33 lunax7x7

Bank A has checkable deposits of $100 million, vault cash equaling $1 million and deposits at the Fed (reserves) equaling $14 million. If the required reserve rate is ten percent what is the maximum amount Bank A could lend

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Bank A has checkable deposits of $100 million, vault cash equaling $1 million and deposits at the Fe...