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Business, 19.03.2020 10:03 XAINEE

Ms. Smith withdraws $1,000 from her safe and deposits the money in a bank. If the bank holds no excess reserves and the reserve requirement is 10 percent, how will this deposit increase the bank’s required reserves and the bank’s loans?

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Ms. Smith withdraws $1,000 from her safe and deposits the money in a bank. If the bank holds no exce...
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