Suppose the northwestern bank has excess reserves of $12,000 and checkable deposits of $125,000. if the reserve requirement is 20 percent, what are the bank's actual reserves?

QUESTION POSTED AT 29/05/2020 - 12:07 AM

Answered by admin AT 29/05/2020 - 12:07 AM

The bank reserves i hope it is lol $6,850
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