sjwharris4931 sjwharris4931

20-12-2022
Business

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assets liabilities net worth reserves $120,000 checkable deposits $300,000 loans 140,000 stock shares 200,000 securities 40,000 property 200,000 the accompanying table is the consolidated balance sheet for the commercial banking system. all figures are in billions. assume that the required reserve ratio is 10 percent. if there is a deposit of $10 billion of new currency into checking accounts in the banking system, excess reserves will increase by multiple choice $9 billion. $1 billion. $10 billion. $2 billion.

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