Business, 02.09.2019 19:10 Deagon83951

Suppose that serendipity bank has excess reserves of $8,000 and checkable deposits of $150,000.instructions: enter your answer as a whole number. if the reserve ratio is 20 percent, what is the size of the bank's actual reserves?

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Suppose that serendipity bank has excess reserves of $8,000 and checkable deposits of $150,000.instr...

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