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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?

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Answers: 2

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Please tell me the answer for 5 percent and 15 percent, thanks. If a bank has total reserves of $5...

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