Illustrate what is the size of the bank actual reserves

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Q. Between 1997 also 2001 many apple farmers switched from traditional to organic growing methods, increasing production of organically grown apples from 1.2 million boxes per yr to more than 3 million boxes. if the marketplace for organic apples is perfectly competitive which of the subsequent statements is inconsistent with the statement above

Q. The ABC Bank of Bermuda has outstanding checkable deposits of $300,000 also a reserve ratio of 10%. If it has excess reserves of $15,000, illustrate what is the size of the bank's actual reserves.

Reference no: EM1343900

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