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The following table lists some statistics on Boring Bank.CategoryAmount ...
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The following table lists some statistics on Boring Bank.CategoryAmount ...
The following table lists some statistics on Boring Bank.
Category
Amount (dollars)
Reserves
________
Demand deposits
200
Long-term debt
________
Cash equivalents
80
Short-term borrowing
95
Long-term investments
230
Refer to the table above. If Boring Bank faces a required reserve ratio of 10 percent, has twice as many excess reserves as required reserves, and has total liabilities of $320, what is Boring Bank's stockholder equity?
▸ $100
▸ $75
▸ $50
▸ $150
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
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neezy
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Thanks
shimyshiguy
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Thank you, thank you, thank you!
MAry1395
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I appreciate what you did here, answered it right
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