A bank has $200 million in demand deposits and $150 million in reserves. the reserve ratio is 20 percent. what is the maximum amount of loans the bank can make from its reserves…

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asked Aug 14, 2023 186k views

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Dotti · Answer 1 · 2023-08-20T02:29:55+0000

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assume that rent following br 300 that as been realized but not collected for the month of December has not Ben recorded received adjusting entry on December 31

A bank has $200 million in demand deposits and $150 million in reserves. the reserve ratio is 20 percent. what is the maximum amount of loans the bank can make from its reserves…

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