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  • 09-07-2021
  • Business
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if the required reserve ratio is 10 percent the banking system currently has excess reserves equal to

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villalobos801
villalobos801 villalobos801
  • 09-07-2021

Answer:

Experts are tested by Chegg as specialists in their subject area. We review their content and use your feedback to keep the quality high. Transcribed image text: If the required reserve ratio is 10 percent, the banking system currently has excess reserves equal to: $10 billion.

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