Business, 16.04.2020 23:16 cacaface311

Suppose that Goldstar Bank is completely "loaned up." Now suppose that a customer deposits an additional $90,000 into the bank. Assume the reserve requirement is 10 percent. Instructions: Enter your answers as whole numbers. a. As a consequence of the $90,000 deposit, Goldstar Bank will now have excess reserves in the amount of $ . b. As a result of the $90,000 initial deposit into Goldstar Bank, the banking system can generate a maximum of $ in new deposits and loans.

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Suppose that Goldstar Bank is completely "loaned up." Now suppose that a customer deposits an additi...