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Balance sheet for first national bank

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Reference no: EM131596298

The balance sheet for First National Bank is shown below:

Assets Liabilities 

Reserves

$200

Deposits

$1000

Loans

$800

If the reserve requirement is 10% what is the value of:

  • Total Reserves
  • Required Reserves
  • Excess Reserves

Reference no: EM131596298

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