Find the current set of reserve requirements

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Reference no: EM13156487

Look in the latest Federal Reserve Bulletin and find the current set of reserve requirements that banks must meet. Then calculate the reserve requirements for banks with the following amounts of transactions deposits. Calculate both the marginal reserve requirement (the additional amount required reserves per dollar of of additional transactions deposits) and the average reserve requirement (required reserves divided by transactions deposits). Consider four banks with the following amounts of transactions deposits:

Reference no: EM13156487

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