christicamp4539 christicamp4539

06-04-2021
Business

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Assume that the reserve requirement is 20 percent. If a bank initially has no excess reserves and $10,000 cash is deposited in the bank, the maximum amount by which this bank may increase its loans is

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phanmary17 phanmary17

12-04-2021

Answer:

8,000

Explanation:

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