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Same percentage of excess reserves

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Assuming that people hold no currency, what happens to each of these values if the central bank changes the reserve requirement ratio to 2%, banks still want to hold the same percentage of excess reserves, and banks do not change their holdings of Treasury bonds?

Reference no: EM132476279

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Same percentage of excess reserves : Assuming that people hold no currency, what happens to each of these values if the central bank changes the reserve requirement ratio to 2%
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