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xxTIMURxx [149]
3 years ago
6

Assets liabilities + net worth reserves $120,000 checkable deposits $300,000 loans 140,000 stock shares 200,000 securities 40,00

0 property 200,000 the accompanying balance sheet is for the first federal bank. assume the required reserve ratio is 20 percent. the monetary multiplier is
Business
1 answer:
Free_Kalibri [48]3 years ago
5 0

the answer i got was 960000

Tell me if right

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