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Business, 08.04.2021 16:40 salgadoj6933

Suppose that Kesha deposits $7,000 into her savings account at First Bank. The reserve requirement facing First Bank is 15%. Instructions: Enter your answer as a whole number. If you are entering a negative number include a minus sign. a. Use this information to show how First Bank's assets and liabilities initially change when Kesha deposits the $7,000 in the bank. A Simple Bank Balance Sheet Assets Liabilities Change in Reserves: $ Change in Deposits: $ b. How much money can First Bank lend out to other people

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Suppose that Kesha deposits $7,000 into her savings account at First Bank. The reserve requirement f...
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