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(Solved): Required and excess reserves Suppose that Walls Fergo Bank currently has $150,000 in demand deposits ...



Required and excess reserves Suppose that Walls Fergo Bank currently has $150,000 in demand deposits and $97,500 in outstanding loans. Assume the Federal Reserve has the reserve requirement set at 10%. Based on this information, complete the following table detailing Walls Fergo Bank’s reserves, required reserves, and excess reserves.



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