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The Following Is the Consolidated Balance Sheet for the Chartered

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The following is the consolidated balance sheet for the chartered banking system.Assume the desired reserve ratio is 10%.Show the new consolidated balance sheet after maximum loan expansion has occurred. The following is the consolidated balance sheet for the chartered banking system.Assume the desired reserve ratio is 10%.Show the new consolidated balance sheet after maximum loan expansion has occurred.

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The excess reserves are $5,000 [20,000 -...

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