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Business, 26.08.2020 14:01 hector87

Suppose that Second Republic Bank currently has $100,000 in demand deposits and $70,000 in outstanding loans. The Federal Reserve has set the reserve requirement at 20%. Please calculate Second Republic Bank's:.(a) reserves(b) required reserves(c) excess reserves

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Suppose that Second Republic Bank currently has $100,000 in demand deposits and $70,000 in outstandi...
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