What are best national bank reserves needed

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Q. ata from the registrar's office at Gigantic State University indicate that over the past twenty years tuition and enrollment have both increased. From this information we can conclude that:

Q. Sppose that the federal reserve has set the required reserve ratio at .08. Best National Bank currently has $25,000 in demand deposits and $10,000 in outstanding loans. What are Best National Bank's reserves, needed reserves, and excess reserves.

 

Reference no: EM1352257

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