Suppose $50,000 is deposited at a bank. The required reserve ratio is 5 percent, and the bank chooses not to hold any excess reserves but makes loans instead. What are the bank's total reserves? Total reserves are $ (Round your response to the nearest dollar.)

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Q: Question 7 0.90 0.85 0.80 0.75 0.70 0.65 0.60 0.55 0.50 0.45 0.40 50 100 150 200 250 300 Demand What…

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