What requires reserves ratio is implied

Reference no: EM13288368

A bank has $ 10 million in vault cash and $ 110 million in deposits. If total bank reserves were $ 15 million with $ 2 million considered to be excess reserves, what requires reserves ratio is implied?

Reference no: EM13288368

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What requires reserves ratio is implied : A bank has $ 10 million in vault cash and $ 110 million in deposits. If total bank reserves were $ 15 million with $ 2 million considered to be excess reserves, what requires reserves ratio is implied?

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