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Business, 30.05.2020 19:03 emmaty7845

If you withdraw $1,500 from your checking account and the required reserve ratio is 20 percent, then the bank's Instructions: Enter your responses as a whole number. a. Total deposits by $ . b. Required reserves by $ . c. Excess reserves by $ . If you deposit a $4,000 check in your checking account and the required reserve ratio is 20 percent, then the bank's Instructions: Enter your responses as a whole number. d. Total deposits by $ . e. Required reserves by $ . f. Excess reserves by $ .

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