Business, 01.07.2021 05:20 amiechap12

bank holds $10 for every $100 in deposits. The bank wants to hold $9 for every $100 in deposits. The bank holds desired reserves of $7 comma 000 and actual reserves of $12 comma 000 . What is the actual reserve ratio, the desired reserve ratio, and the excess reserves ?

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bank holds $10 for every $100 in deposits. The bank wants to hold $9 for every $100 in deposits....