Beleaguered State Bank (BSB) holds $400 million in deposits and maintains a reserve ratio of 10 percent.

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28-10-2020
Mathematics

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Beleaguered State Bank (BSB) holds $400 million in deposits and maintains a reserve ratio of 10 percent.

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atomicdusty atomicdusty · Answer 1 · 2020-10-28T20:57:39+01:00

atomicdusty atomicdusty

28-10-2020

Deposits are worth 400 million and since reserve ratio is 10%, required reserves are 40 million and ;loans outstanding are worth 360 million Beleaguered State Bank Assets Liabilities Reserve

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