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Business, 24.12.2020 16:10 mgarcia1394

Federal Reserve policy requires Sun-Trust Bank to hold 12% of its deposits as reserves. Sun-Trust Bank policy prevents it from holding excess reserves. If the Federal Reserve Bank purchases $20 million in bonds from Sun-Trust what will be the result

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Federal Reserve policy requires Sun-Trust Bank to hold 12% of its deposits as reserves. Sun-Trust Ba...
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