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If a bank has reserves of $21 million and demand deposits of $200 million, how much are the bank's (a) required reserves? (b) excess reserves?

If a bank reserves of $100 million and checking deposits of $700 million, how much are the bank's: (a) required reserves? (b) excess reserves?

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Business Economics, Economics

Category:- Business Economics
Reference No.:- M9446236

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