A bank has checkable deposits of $880, loans of value $775 and reserves at $105. The bank then receives a new deposit o

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A bank has checkable deposits of $880, loans of value $775 and reserves at $105. The bank then receives a new deposit o

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A bank has checkable deposits of $880, loans of value $775 and reserves at $105. The bank then receives a new deposit of $64. The required reserve ratio is 15%. After the new deposit but prior to asset transformation, the bank has excess reserves of _____, and then after asset transformation, where excess reserves are zero, the bank's total value of loans is _____.
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