Chemistry, 15.12.2021 04:30 eguilford4438
Please tell me the answer for 5 percent and 15 percent, thanks.
If a bank has total reserves of $500,000 and $2,000,000 in deposits, how much money can it
lend if the required reserve ratio is
nts
a. 5 percent?
I
b. 15 percent?
Answers: 2
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Please tell me the answer for 5 percent and 15 percent, thanks.
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