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Refer to the data. Assuming the bank loans out all of its remaining excess reserves as a checkable deposit, and has a check cleared against it for that amount, its reserves and checkable deposits will now be:

Respuesta :

Answer: $22,000 and $105,000 respectively.

Explanation:

When the bank loans out all of its remaining excess reserves as a checkable deposit, and has a check cleared against it for that amount, its reserves and checkable deposits will now be respectively $22,000 & $105,000.

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