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Answer to Question #263173 in Macroeconomics for hdkwn
Question #263173
if kaci finds $1000 under her bed and deposits in a bank what is immediate change in the required bank reserves?
Expert's answer
Considering that excess reserves are funds that a bank keeps back beyond what is required by regulation, the banks excess reserves will increase by $1000.
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#340153 on Dec 2023
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