A bank reports reserves of $100,000, government securities of $50,000, loans of $750,000, and checkable deposits of $900,000. The desired reserve ratio is 10 percent. What is the amount of unplanned reserves for this bank? Show your work.

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The Answer of A bank reports reserves of $100,000, government securities of $50,000, loans of $750,000, and checkable deposits of $900,000. The desired reserve ratio is 10 percent. What is the amount of unplanned reserves for this bank? Show your work.

A Bank Reports Reserves of $100,000, Government Securities of $50,000