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Tidy Tidy
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9 years ago
Suppose a bank has the following balance sheet:

Assets   Liabilities
Reserves    $14,000   Deposits   $100,000
Loans      $90,000   Net Worth    $4,000

If the required reserve ratio is 10 percent, how much excess reserves does the bank have? What is the maximum amount that the bank can expand its loans?
Textbook 
Essentials of Economics

Essentials of Economics


Edition: 4th
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SydnieSydnie
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Tidy Author
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