Business, 14.05.2021 20:40 lagarde

A bank has a 30% reserve requirement. It has loans for $5000, and does not hold reserves above the 30% minimum requirement. Then, a. It has $7,142.86 in deposits.

b. It has $15,000 in deposits.

c. It has $10,000 in deposits.

d. It has $1,500 in deposits.

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A bank has a 30% reserve requirement. It has loans for $5000, and does not hold reserves above the 3...

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