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Home Q & A Board Other Fields Homework Help Business Economics
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neezy neezy
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A year ago
The following table lists some statistics on Boring Bank.

CategoryAmount (dollars)
Reserves________
Demand deposits200
Long-term debt________
Cash equivalents80
Short-term borrowing95
Long-term investments230

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

Macroeconomics


Edition: 3rd
Authors:
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hadu582hadu582
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A year ago
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neezy Author
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A year ago
Smart ... Thanks!
lipop
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Yesterday
Brilliant ツ
sweetalia
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2 hours ago
Thank you, thank you, thank you!
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