8.A bank has an 8 percent reserve requirement, S10.000 in deposits, and has loaned out all it can, given the reserve requirement. a. It has $80 in reserves and $9,920 in lonns blthas S800 in reserves and $9.200 in loons e It has S1.250 in reserves and $8,750 in loans. d. It has $8,000 in reserves and $2,000 in loans.
8.A bank has an 8 percent reserve requirement, S10.000 in deposits, and has loaned out all it can, given the reserve requirement. a. It has $80 in reserves and $9,920 in lonns blthas S800 in reserves and $9.200 in loons e It has S1.250 in reserves and $8,750 in loans. d. It has $8,000 in reserves and $2,000 in loans.
Chapter14: Banking And The Money Supply
Section: Chapter Questions
Problem 2.3P
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