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SAT, 09.12.2021 02:20 guazet7650

Federal reserve policy requires sun-trust bank to hold 12% of its deposits as reserves. Sun-trust bank policy prevents it from holding excess reserves. If the federal reserve bank purchases $20 million in bonds from sun-trust what will be the result?.

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Federal reserve policy requires sun-trust bank to hold 12% of its deposits as reserves. Sun-trust ba...

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