A banking institution has $80000 in deposits. There are $6,000 in actual reserves, of which $2,000 are compliance with generally accepted accounting. Describe the RRR

Exploring Economics
8th Edition
ISBN:9781544336329
Author:Robert L. Sexton
Publisher:Robert L. Sexton
Chapter25: Money, Banking, And The Federal Reserve System
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A banking institution has $80000 in deposits. There are $6,000 in actual reserves, of which $2,000 are compliance with generally accepted accounting. Describe the RRR. 

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