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Scenario: Amateur Bank is just starting out and has had the following transactions: Amateur Bank ...
zbuild007
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Scenario: Amateur Bank is just starting out and has had the following transactions: Amateur Bank ...
Scenario: Amateur Bank is just starting out and has had the following transactions:
• Amateur Bank takes out a $3,000 loan from Pro Bank.
• Amateur bank has $2,500 invested in building and operations.
• Suzie deposits $1,200.
• Joe deposits $750.
• Robbie takes out a loan for $900.
• Jackie takes out a business loan for $625.
• Amateur Bank invests $1,000 in GoPro.
Refer to the scenario above. How much does Amateur Bank have in excess reserves?
▸ $105
▸ $300
▸ $425
▸ $230
Textbook
Macroeconomics
Edition:
3
rd
Authors:
Acemoglu, Laibson, List
Read 162 times
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mavrik8511
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$230
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Scenario: Amateur Bank is just starting out and has had the following transactions: Amateur Bank ...
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Scenario: Amateur Bank is just starting out and has had the following transactions: Amateur Bank ...
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Scenario: Amateur Bank is just starting out and has had the following transactions: Amateur Bank ...
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Scenario: Amateur Bank is just starting out and has had the following transactions: Amateur Bank ...
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Scenario: Amateur Bank is just starting out and has had the following transactions: Amateur Bank ...
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zbuild007
Author
wrote...
2 months ago
Smart ... Thanks!
Marctheshark
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I appreciate what you did here, answered it right
africa143
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Thank you, thank you, thank you!
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