If a bank has excess reserves of $10,000 and demand deposit liabilities of $80,000,and if the reserve requirement is 20 percent,then the bank has actual reserves of

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The bank's required reserves are 20% of $80,000, which equals $16,000. Since it has excess reserves of $10,000, its actual reserves are $16,000 (required reserves) + $10,000 (excess reserves) = $26,000.

If a Bank Has Excess Reserves of $10,000 and Demand