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Consider This T-Account for Your Bank,showing That You Deposited $100

question 198

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Consider this T-account for your bank,showing that you deposited $100 into your checking account and that your bank then made a $75 loan to Michelle. Assets
Liabilities
+$100 (cash)
+$100 (increase in your checking account)
+$75 (loan to Michelle)
+$75 (increase in Michelle's checking account)
Your bank's reserve ratio is:


Definitions:

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