Geography, 22.11.2019 21:31 lifeoflashay1659

Suppose that third national bank has reserves of $10,000 and checkable deposits of $100,000. the reserve ratio is 10 percent. the bank sells $5,000 in securities to the federal reserve bank in its district, receiving a $5,000 increase in reserves in return.

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Suppose that third national bank has reserves of $10,000 and checkable deposits of $100,000. the res...