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Business, 06.03.2020 11:41 giovney

Bank A has checkable deposits of $100 million, vault cash equaling $1 million and deposits at the Fed (reserves) equaling $14 million. If the required reserve rate is ten percent what is the maximum amount Bank A could lend?

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Bank A has checkable deposits of $100 million, vault cash equaling $1 million and deposits at the Fe...
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