Macroeconomics 6th Edition by Robert Hall,Marc Lieberman

تمرين 5

Suppose accountants at Mid-Size National Bank (Table 1) discover that they've made an error: Cash in vault is only $8 million, not $10 million.
a. Which other entries in the bank's balance sheet will change as a consequence of discovering this error?
b. If the required reserve ratio is 0.10, does this bank now have excess reserves or deficient reserves? Of what value?
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