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aryaelfkind aryaelfkind
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2 months ago
The following table shows the balance sheet for Poor Baby Bank.




Refer to the table above. If the required reserve ratio increases to 25 percent, what could Poor Baby Bank do to satisfy the reserve requirements?

▸ Increase its deposits by $5.

▸ Increase its reserves by $3 by liquidating some of its long-term investments.

▸ Nothing. It has enough reserves.

▸ Increase its reserves by $4.50 by borrowing more from other banks.
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Macroeconomics

Macroeconomics


Edition: 3rd
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LoveameriahLoveameriah
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2 months ago
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Increase its reserves by $4.50 by borrowing more from other banks.
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aryaelfkind Author
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2 months ago
Smart ... Thanks!
mkyoungs
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Yesterday
this is exactly what I needed
homework1
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2 hours ago
Just got PERFECT on my quiz
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