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Suppose the bank's balance sheet looks like this and the bank is required to hold required reserves of 10% of deposits.
Assets Liabilities
Reserves $750
Deposits $7,000
Loans $6,250
How much are the bank's required reserves?
How much are the bank's excess reserves?
How much more can the bank lend?
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Teams are important in the workplace and when attending college. Effective leaders build teams and work well within teams
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Describe the population of the area in terms of age, income, education, ethnic background, marital status, occupation, and housing.
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