1. Consider the T-table of the Bank of Boston. According to the table, if the Bank of Boston does not have excess reserv
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1. Consider the T-table of the Bank of Boston. According to the table, if the Bank of Boston does not have excess reserv
1. Consider the T-table of the Bank of Boston. According to the table, if the Bank of Boston does not have excess reserves, its reserve-deposit ratio equals percent. Submit Balance sheet of the Bank of Boston Assets Liabilities Government bonds -$5,000,000 Checkable deposits +$5,000,000 Currency (=bank reserves) +$5,000,000 Loans $0
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