Business, 06.12.2019 23:31 laurachealsy923

Acommercial bank has $1,000,000 of demand deposits and actual reserves of $300,000. if the required reserve ratio is 10 percent, what is the maximum amount of new loans the bank can extend?

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Acommercial bank has $1,000,000 of demand deposits and actual reserves of $300,000. if the required...

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