bethany9568 bethany9568
  • 15-11-2022
  • Business
contestada

uppose that third national bank has reserves of $20,000 and checkable deposits of $100,000. the reserve ratio is 20 percent. the bank sells $10,000 in securities to the federal reserve bank in its district, receiving a $10,000 increase in reserves in return. what amount of excess reserves does the bank now have?

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