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Suppose that Goldstar Bank is completely "loaned up." Now suppose that a customer deposits an additional $45,000 into the bank. Assume the...
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The problem:

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Suppose that Goldstar Bank is completely "loaned up." Now suppose that a customer deposits an additional
$45,000 into the bank. Assume the reserve requirement is 20 percent. Instructions: Enter your answers as whole numbers. a. As a consequence of the $45,000 deposit, Goldstar Bank will now have excess reserves in the amount of $ b. As a result of the $45,000 initial deposit into Goldstar Bank, the banking system can generate a maximum of$
|:| in new deposits and loans.

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