Suppose a bank has $5,000,000 in deposits,a required reserve ratio of 20 percent,and total reserves of $1,000,000.Then the bank has excess reserves of

Name: Suppose a bank has $5,000,000 in deposits,a required reserve ratio of 20 percent,and total reserves of $1,000,000.Then the bank has excess reserves of
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The Answer of Suppose a bank has $5,000,000 in deposits,a required reserve ratio of 20 percent,and total reserves of $1,000,000.Then the bank has excess reserves of

Suppose a Bank Has $5,000,000 in Deposits,a Required Reserve Ratio