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04-01-2008, 11:27 PM
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| Economics question help!!10pts!?
Assume the required reserve ratio is 20% Assets reserves........$80,000 Loans.............50,000 Securities.........70,000 Properties..........200,000 Liabilities and net worth Deman deposits........$200,000 Stocks...........200,000 Now assume the bank has a check cleared against it for $50,000. What are the bank's 1. Demand deposits 2. Reserves      |
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